Apple Demanded $1 Billion for Opportunity to Win iPhone Contract : Qualcomm CEO

Apple Demanded $1 Billion for Opportunity to Win iPhone Contract : Qualcomm CEO: Apple Inc as an 'incentive payment' demand for  $1 billion (£780m - roughly Rs. 7,000 crores) from Qualcomm Inc in order for Qualcomm to become the supplier of modem chips for Apple's iPhone, Qualcomm’s chief executive declared on Friday at a trial with U.S. antitrust regulators.

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