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BRIEF-Qualcomm says Apple's suppliers withheld about $1 bln from their payments in Q2
April 19, 2017 / 8:35 PM / 3 months ago

BRIEF-Qualcomm says Apple's suppliers withheld about $1 bln from their payments in Q2

1 Min Read

April 19 (Reuters) - Qualcomm Inc :

* Qualcomm Inc - Apple's suppliers reported royalties in fiscal Q2 for sales activity in the Dec quarter, but withheld about $1 billion from their payments

* Qualcomm Inc says the amount is equal to amount Apple claims Qualcomm owes it under a separate cooperation agreement between Qualcomm and Apple Source text (bit.ly/2pSwNZ5) Further company coverage:

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