Talking on stage on the Wall Avenue Journal’s D.Dwell tech convention, Qualcomm CEO Steve Mollenkopf stated that he thinks that the corporate’s feud with Apple might be resolved — as long as the suitable payment is negotiated.
“On the finish, the essential factor to recollect is that is essentially a dialogue about pricing over the elemental know-how that makes the telephone the telephone,” Mollenkopf stated. “It comes all the way down to, how a lot are you going to pay?”
He additionally famous that Qualcomm has, “an extended historical past of offering worth and settling these points.” Lastly, he argued that the present licensing standoff with Apple is, “extra of an anomaly than something” and doesn’t signify step one in an period during which gadget makers received’t be keen to pay licensing charges to Qualcomm.
The Apple vs. Qualcomm conflict
The dispute between Apple and Qualcomm began in January this yr, when Apple sued Qualcomm for allegedly withholding $1 billion in rebates as a result of Apple assisted South Korean regulators investigating Qualcomm’s enterprise.
Qualcomm hit again by claiming that Apple was being purposely deceptive, and that it had breached its contract. The next choice by Apple to withhold royalty funds to Qualcomm then meant that Qualcomm was compelled to revise its earnings forecasts to offer a smaller quantity, on account of Apple chopping off certainly one of its main sources of income.
Apple’s producers additionally bought dragged into the combat, with even Apple’s greatest rivals stepping as much as assist Apple. Since then, the battle escalated — with Qualcomm making an attempt to ban iPhones being imported to the USA that use chips, “apart from these provided by Qualcomm associates.”
Most lately, Qualcomm tried to sue Apple in China as properly, making an attempt to cease the manufacturing and sale of iPhones in certainly one of Apple’s greatest and most important markets.
An finish to hostilities?
The D.Dwell feedback aren’t the primary time that Steve Mollenkopf has mentioned a attainable finish to hostilities. Talking at the Brainstorm Tech convention in Aspen again in July, Mollenkopf stated that points such because the one between Qualcomm and Apple, “are likely to get to resolved out of courtroom, and there’s no motive why I wouldn’t count on that to be the case right here.”
Nonetheless, he was eager to emphasize on the time that, “I don’t have an announcement or something, so please don’t ask.”