SAN DIEGO, March 14, 2019 /PRNewswire/ -- The Japan
Fair Trade Commission (JFTC) has reversed a 2009 cease-and-desist
order affecting Qualcomm licensing in Japan. Following a nine-year evidentiary
proceeding, the JFTC concluded that Qualcomm's cross-licensing
provisions and non-assertion covenants that were the subject of the
cease-and-desist order did not violate Japanese antimonopoly
law.
In 2010, the Tokyo High Court had issued a stay of the JFTC
cease-and-desist order pending this proceeding. This week's JFTC
decision, the result of a process that included 37 separate
hearings, rejected an initial finding related to cross-license
agreements between Qualcomm and Japanese manufacturers.
"We are very gratified to learn that after years of considering
the evidence and applicable legal authority, the Japan Fair Trade
Commission has concluded there was nothing improper about
Qualcomm's cross-licensing program," said Don Rosenberg, general counsel and executive
vice president of Qualcomm. "Today's decision affirms our
confidence that once Qualcomm was afforded a full hearing, and
actual evidence was considered, the JFTC would find that our
cross-licensing program was completely lawful and the product of
arms-length, good-faith negotiations with our Japanese licensees.
The JFTC is now the second antitrust agency after the Taiwan Fair
Trade Commission to have revoked its ruling against Qualcomm."
About Qualcomm
Qualcomm invents breakthrough
technologies that transform how the world connects, computes and
communicates. When we connected the phone to the Internet, the
mobile revolution was born. Today, our inventions are the
foundation for life-changing products, experiences, and industries.
As we lead the world to 5G, we envision this next big change in
cellular technology spurring a new era of intelligent, connected
devices and enabling new opportunities in connected cars, remote
delivery of health care services, and the IoT — including smart
cities, smart homes, and wearables. Qualcomm Incorporated includes
our licensing business, QTL, and the vast majority of our patent
portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm
Incorporated, operates, along with its subsidiaries, all of our
engineering, research and development functions, and all of our
products and services businesses, including, the QCT semiconductor
business. For more information, visit Qualcomm's website, OnQ blog,
Twitter and Facebook pages.
Qualcomm Contacts:
Pete Lancia, Corporate
Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
Christie Thoene, Public
Affairs
Phone: 1-858-845-5959
Email: publicaffairs@qualcomm.com
Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858- 658-5431
Email: ir@qualcomm.com
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SOURCE Qualcomm Incorporated