Intel was Qualcomm’s chief rival in modem chips and sold the components to Apple for the iPhone. Intel Corp sold its smartphone modem chip business to Apple Inc at “a multi-billion dollar loss,” the US chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market. In a 233-page decision issued in …
Commerce Secretary S. R. Rao has asserted that global firms, including Swiss drug major Novartis AG, have benefited more from the country’s rules. Mr. Rao said: “You would appreciate that more than 80 per cent of patents registered in India are attributed to non-Indians. Multi-national pharmaceutical companies such as Novartis have been major beneficiaries of India’s patent regime which is …
