Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn
    Finance

    Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn

    Published by Global Banking & Finance Review®

    Posted on February 17, 2026

    1 min read

    Last updated: February 17, 2026

    Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn - Finance news and analysis from Global Banking & Finance Review
    Tags:technologyinnovationfinancial services

    Quick Summary

    Qualcomm will withdraw a UK lawsuit over smartphone chip royalties, as Which? finds no competition law violations or inflated prices.

    Table of Contents

    • Qualcomm Lawsuit Overview
    • Background of the Case
    • Which? Consumers Association's Role
    • Conclusion of the Lawsuit

    Qualcomm to Withdraw UK Lawsuit Over Smartphone Chip Royalties

    Qualcomm Lawsuit Overview

    LONDON, Feb 17 (Reuters) - Qualcomm on Tuesday said a London lawsuit alleging it had abused its dominant position to force Apple and Samsung to pay inflated royalties will be withdrawn.

    Background of the Case

    The British consumers' association called Which? had brought the case on behalf of around 29 million people who bought iPhones or Samsung devices since 2015.

    Which? Consumers Association's Role

    Which? said in a statement that it would apply to withdraw the case having concluded Qualcomm's practices "did not infringe competition laws, did not result in inflated royalties, and did not lead to an increase in prices consumers paid for their mobile phones".

    Conclusion of the Lawsuit

    (Reporting by Sam Tobin; editing by Catarina Demony)

    Key Takeaways

    • •Qualcomm to withdraw UK lawsuit over chip royalties.
    • •Which? represented 29 million UK consumers in the case.
    • •The lawsuit alleged Qualcomm forced inflated royalties.
    • •Which? concluded Qualcomm did not infringe competition laws.
    • •No increase in phone prices due to Qualcomm's practices.

    Frequently Asked Questions about Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn

    1What are royalties?

    Royalties are payments made to the owner of a property or rights for the use of that property or rights, often calculated as a percentage of revenue generated.

    2What is competition law?

    Competition law is a set of regulations that promote competition and prevent monopolistic practices in the market to ensure fair trading and consumer protection.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostMedtronic beats quarterly estimates on robust demand for heart devices
    Next Finance PostFTSE 100 ticks up as soft jobs data raises rate cut bets; metal prices drag miners
    More from Finance

    Explore more articles in the Finance category

    Image for Germany pursues stake purchase in tank maker KNDS to keep influence, sources say
    Germany pursues stake purchase in tank maker KNDS to keep influence, sources say
    Image for Elliott builds 10% stake in Norwegian Cruise, pushes for board change
    Elliott builds 10% stake in Norwegian Cruise, pushes for board change
    Image for EU approves higher dose of Novo Nordisk's Wegovy
    EU approves higher dose of Novo Nordisk's Wegovy
    Image for EU says no short-term oil supply risk in Hungary, Slovakia
    EU says no short-term oil supply risk in Hungary, Slovakia
    Image for Enagas open to European regulated asset deals aligned with hydrogen-focused strategy, CEO says
    Enagas open to European regulated asset deals aligned with hydrogen-focused strategy, CEO says
    Image for Air India, Germany's Lufthansa tie up to grow passenger traffic
    Air India, Germany's Lufthansa tie up to grow passenger traffic
    Image for Explainer-What is in the EU's draft 'made in Europe' law?
    Explainer-What is in the EU's draft 'made in Europe' law?
    Image for Trading platform eToro beats profit estimates on growth across asset classes
    Trading platform eToro beats profit estimates on growth across asset classes
    Image for CNH Industrial flags weak 2026 profit on sluggish farm machinery demand
    CNH Industrial flags weak 2026 profit on sluggish farm machinery demand
    Image for EU adds Turks and Caicos, Vietnam to tax havens list
    EU adds Turks and Caicos, Vietnam to tax havens list
    Image for UKMTO says it received a report of exchange of fire off Yemen's Aden port
    UKMTO says it received a report of exchange of fire off Yemen's Aden port
    Image for Warner Bros rejects revised Paramount bid, but remains open to a final offer
    Warner Bros rejects revised Paramount bid, but remains open to a final offer
    View All Finance Posts