Qualcomm: What's not fair about Apple's patent terms in comparison with China?

【Global Internet Reporter Reporter Zhang Zhiying】 Following Apple’s lawsuit against Qualcomm in the United States this week, Qualcomm launched another lawsuit today in Beijing, accusing Qualcomm of cracking down on the chip industry and claiming 1 billion yuan. Qualcomm Chief Financial Officer George Davis believes that the recent investigation is not a coincidence. Apple is actively launching regulatory agencies and has used various jurisdictions to attack Qualcomm’s business. Qualcomm CEO Molenkov "Apple doesn't think about the terms he accepted with more than a hundred other Chinese companies." Don Rosenberg, general counsel of Qualcomm, responded earlier today that Apple was trying to bargain for Qualcomm's patents for technology. According to Steve Mollenkopf, CEO of Qualcomm, competition and controversy are essentially “commercial” rather than legal issues. Sharing technology patents has always been a great contribution to the industry. Moreover, Qualcomm has never Increased patent fees. "Although Apple has used Qualcomm's patents to bring in hundreds of millions of dollars in profits, Apple still hopes to bargain Qualcomm with a reasonable market value and pay less for its technology patents," said Molenkov. I have always preferred to resolve disputes through negotiation rather than relying on legal channels, so unfortunately Apple chose this method." The seriousness of this lawsuit is that the patented licensing fees for wireless chips accounted for 85% of its pretax profits. In addition, data shows that both Apple and Samsung Electronics accounted for 40% of Qualcom’s $23.5 billion in revenue in fiscal 2016. However, in further comments on Apple’s lawsuit, Qualcomm strongly questioned the iPhone maker's statement, saying that they were trying to undermine intelligence. Cell phone market competition. The Qualcomm statement will counterattack in two lawsuits. “Our patent licensing business model has a long history of successful defense. It has passed the test in various countries of the world, and the most recent one was China.” Molenkov said: “This is something we take very seriously. We will solve this problem. Problems have brought the situation back to the past.” He said that Qualcomm has been fully prepared and confident in defending its business. On the other hand, in the face of big customer Apple, "we are trying to continue to be Apple's supplier." Molenkov said that he hopes to maintain customer relationships with Apple. He also assured investors in the conference call: He believes that for Apple, there will still be no long-term partners better than Qualcomm. Despite the challenges in legal proceedings, the performance of the company’s financial report released on the 26th was in line with expectations. However, Qualcomm said that the first quarter profit was affected by the $8.68 billion related to the FTC investigation in Korea. Some analysts estimate that if there is no KFXC related fee of US$868 million, the profit per share will reach US$1.18. Qualcomm has adjusted its profit of $1.15 per share to $1.25 in its earnings forecast, which is similar to analysts' forecast of $1.20. In addition, according to the financial statements, Qualcomm shipped 217 million MSM chips in the first quarter, with equipment sales revenue of 62.9 billion US dollars, and 3G/4G device shipments of 3.31 to 335 million. According to the financial report, the company expects to adjust earnings per share of $1.04 and revenue of $5.6 billion in the second quarter.