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  • Intel says Qualcomm tactics forced it out of modem chip market

    11/29/2019 9:45:13 AM PST · by Swordmaker · 34 replies
    Yahoo! Finance — Reuters ^ | November 29, 2019 | By Stephen Nellis
    (Reuters) - Intel Corp sold its smartphone modem chip business to Apple Inc at “a multi-billion dollar loss,” the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market. Intel made the claims in a brief filed with the 9th U.S. Circuit Court of Appeals, where Qualcomm is seeking to overturn a sweeping antitrust decision against it after losing a lawsuit by the U.S. Federal Trade Commission. Intel, whose executives testified at the trial, argued on Friday that the ruling should stand. Appeal proceedings are expected to begin in January....