In a statement the California Institute of Technology stated, it has won a $1.1 billion jury verdict in a patent lawsuit against Broadcom and Apple. In the case, filed in a federal court in Los Angeles in 2016, Pasadena, California-based CalTech had alleged that Broadcom wi-fi chips used in hundreds of millions of Apple iPhones…
The lawsuit concerned the usage of 18 patents on Broadcom semiconductors which Volkswagen uses for navigation and entertainment system in some of its cars. According to a report from German magazine Der Spiegel, U.S. semiconductor maker Broadcom has filed a $1 billion patent claim against Volkswagen; it is also threatening to seek a judicial ban…
The EU is not alone in questioning Broadcom’s trade practices: the U.S. Federal Trade Commission is also scrutinizing its business practices. The European Commission is scrutinizing Broadcom Inc’s trade practices over the possible usage of its market dominance to pressure customers to purchase its semiconductors. According to a report from Bloomberg, which cites people familiar…
The strategic move could help ease antitrust concerns for Chinese regulators. In a strategic move, NXP Semiconductors NV, a U.S. chipmaker who was the target of a $44 billion takeover bid by Qualcomm Inc, sold its stake in a Chinese chip design joint venture firm. As per a stock exchange filing, NXP sold its 40%…
The compelling offer will notch up pressure on Qualcomm to take a tough decision. Adding to that pressure is Qualcomm’s return of investment to shareholders of -7% against a semiconductor index return of 106%. In what could be the biggest acquisition in the tech sector, Broadcom Ltd has put forward a $121 billion “best and…
Companies across the global are pushing the advance of AI-based deep learning for facial recognition technology. The multi-billion dollar industry is seeing rapid adoption by China as it tries to enforce a rigid framework on its citizens much like its firewall which limits its citizens’ usage of the internet. On Wednesday, the SenseTime Group, a…
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