Qualcomm to Appeal Korean Court Decision in IP Case
Qualcomm will appeal a Seoul High Court decision denying the company’s application to stay a remedial order issued against it by the Korea Fair Trade Commission, it announced Tuesday. The court denied Qualcomm's stay application, saying its business won't suffer…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
irreparable harm if the KFTC's order remains in effect, said the company. The order reviewed by the court doesn't invalidate existing license agreements, doesn't prohibit Qualcomm from entering into licenses for its standard essential patents and other patents at the device level and doesn't limit the royalties Qualcomm can seek or collect for SEPs under current or future licenses "as long the license agreements are consistent with Qualcomm's fair, reasonable, and non-discriminatory terms commitments," it said. The order requires Qualcomm to engage in "good-faith negotiations with chip companies seeking a license and to negotiate possible amendments with current licensees upon request," it said.