Following Apple, Samsung and Intel battle against Qualcomm supporting FTC. The tech giants strengthened their support for U.S. Federal Trade Commission’s lawsuit complaining the chip maker of trying to corner the market for semiconductors used in Smartphones.
Samsung and Intel battle against QualcommSamsung Electronics Corp. and Intel Corp. filed an argument on Friday agreeing with FTC’s battle with Qualcomm. In fact, while the South Korean giant, Samsung happens to be one of Qualcomm’s largest customers, Intel is one of the biggest competitors of Qualcomm. However, Samsung and Intel claim that Qualcomm hampers the two company from racing fairly against it by dint of several patents. Those patents cover the fundamentals of the modern phone system. Regarding the allegation, Intel posted on its website officially.
“Intel is ready, willing, and able to compete on the merits in this market that Qualcomm has dominated for years. But Qualcomm has maintained an interlocking web of abusive patent and commercial practices that subverts competition on the merits. These practices have illegally coerced mobile phone manufacturers into purchasing the chipsets they need from Qualcomm and Qualcomm alone.”
On the other hand, Samsung argues, “Despite having requested a license from Qualcomm, Samsung cannot sell licensed Exynos chipsets to non-Samsung entities because Qualcomm has refused to license Samsung to make and sell licensed chipsets.”
Regardless of the filing Qualcomm abstained from commenting on the matter. Nonetheless, lately, the tech giant faces a handful of legal and regulatory challenges when its business practice is the concern. As a result, the company is facing a share price slump.