• Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
ABOUT
Advertise in GAT
Contact us
Saturday, June 10, 2023
Georgia Asian Times
International Insurance of Georgia
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
  • Login
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
No Result
View All Result
Georgia Asian Times
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
Home Business

Connected car prices may rise if Qualcomm wins antitrust case: auto makers

Georgia Asian Times by Georgia Asian Times
November 29, 2019
in Business, Headline
Share on FacebookShare on Twitter

The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc’s patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said in court filings on Friday.

Qualcomm is seeking to overturn a sweeping antitrust decision requiring it to renegotiate its licensing agreements at reasonable prices. Appeal proceedings in the case brought by the U.S. Federal Trade Commission are expected to begin in January, but Qualcomm’s opponents are weighing in early to argue that the anti-trust decision should be allowed to stand.

Trade groups representing the U.S. units of BMW, Ford Motor Co, General Motors Co and Toyota Motor Co, among others, made various claims about adverse effects of Qualcomm’s licensing practices in the 9th U.S. Circuit Court of Appeals. Also filing was a unit of German supplier Continental AG and Japan-based Denso Corp, both makers of “infotainment” and location-tracking car technology.

Qualcomm declined to comment.

AD: High Museum of Atlanta AD: High Museum of Atlanta

Qualcomm has denied the FTC’s anti-trust accusations and the court agreed to pause the decision after some government officials asked it to do so.

Continental said it gave up working with Qualcomm’s chip rivals Samsung Electronics Co Ltd and MediaTek Inc because the licensing practices created too many legal risks. Continental and Denso said Qualcomm and other patent holders were refusing to license their technology to chipmakers that charge only a few dollars per chip, seeking instead to sign licenses only with carmakers whose vehicles cost tens of thousands of dollars and are “less motivated to fight for every dollar” in license fees.

“The resulting inefficiency is ultimately borne by consumers in the form of higher prices,” the auto suppliers wrote in their complaint.

The trade groups representing automakers argued in a court filing that Qualcomm should negotiate directly with the suppliers, to avoid “unnecessary, costly, and inefficient licensing negotiations” with the carmakers themselves.

“The suppliers that incorporate chips into their products likely are ready to negotiate with Qualcomm,” the groups wrote.

Rival chipmakers also weighed in against Qualcomm on Friday with Intel Corp (INTC.O) saying it sold its smartphone modem chip business to Apple Inc (AAPL.O) at “a multi-billion dollar loss” after Qualcomm forced it out of the market with what it described as illegal licensing practices. – Reuters

Previous Post

China warns U.S. over Hong Kong law as thousands stage ‘Thanksgiving’ rally

Next Post

Black Friday shoppers stay away from stores, make $7 billion-plus splurge online

Georgia Asian Times

Georgia Asian Times

Related Posts

US revises down last quarter’s economic growth to 2.6% rate
Business

Persistent inflation, higher interest rates will weigh on global economy, OECD predicts

June 7, 2023
Apple unveils a $3,500 headset as it wades into the world of virtual reality
Business

Apple unveils a $3,500 headset as it wades into the world of virtual reality

June 6, 2023
US employers added a surprisingly strong 339,000 jobs in May in a sign of economic health
Business

US employers added a surprisingly strong 339,000 jobs in May in a sign of economic health

June 2, 2023
Hyundai to announce $7B US plant during Biden Asia visit
Business

Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles

May 26, 2023
Business

US, Chinese trade officials express concern about each other’s restrictions

May 26, 2023
Business

Microsoft: State-sponsored Chinese hackers could be laying groundwork for disruption

May 25, 2023
Next Post

Black Friday shoppers stay away from stores, make $7 billion-plus splurge online

Subscribe

Upcoming Events

Jun 12
6:00 pm - 10:00 pm

Kalayaan Atlanta 2023

Jul 14
6:00 pm - 10:30 pm

GAT 25 Most Influential Asian Americans in Georgia 2023

View Calendar
Logo

 

CONTACT US

Follow Us

MOST INFLUENTIAL

2023 GAT 25 Most Influential Asian American Pacific Islanders in Georgia

2023 GAT 25 Most Influential Asian American Pacific Islanders in Georgia

April 30, 2023
GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

July 18, 2022

Video highlights of GAT 25 Most Influential Asian Americans in Georgia

July 17, 2022

LINKS OF INTEREST

ATL Asian Film Festival

     

GAT AAPI SUMMIT 2023

  • Contact Us
  • Advertise in GAT
  • About
  • Privacy Policy
  • Terms of Use

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Subscribe

Calling all news enthusiasts! Georgia Asian Times’ newsletter is your golden ticket to in-depth articles, captivating stories, and the latest buzz from Asia. Subscribe now and be the first to know!

 

    • Honoree

      $250.00
      Select
    • Single Seat

      $250.00
      Select
    • Table of 8

      $2,000.00
      Select
    Loading
    Loading
    Loading
    Loading
    Loading
    Register for FREE to read the rest of this article, or log in to your account.

      Or Login Here :

      [loginfrm]

      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?