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$680M Lawsuit Alleges Qualcomm Unfairly Drove Up Apple And Samsung Phone Prices

$680M Lawsuit Alleges Qualcomm Unfairly Drove Up Apple And Samsung Phone Prices
A consumer rights group in the United Kingdom is suing Qualcomm, a major chipmaker in the United States, for allegedly abusing its position to overcharge for chip and patent licensing. According to the lawsuit, Qualcomm’s actions led to consumers paying too much for smartphones produced by Apple and Samsung, and is seeking £482.5 million (around