UK lawsuit against Qualcomm over smartphone chip royalties to be withdrawn: report

Qualcomm (QCOM) said a lawsuit in the U.K. alleging it abused its dominant position to force Apple (AAPL) and Samsung Electronics (SSNLF) to pay inflated royalties will be withdrawn, Reuters reported.

The U.K.’s Consumers’ Association called Which? had brought the case. In October

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