NVIDIA wants cash from Qualcomm for demise of its Icera unit

Posted on Thursday, Apr 07 2016 @ 17:11 CEST by Thomas De Maesschalck
A London lawsuit made public this week reveals NVIDIA demands Qualcomm to pay up for squeezing Icera out of the market. The lawsuit follows after EU regulators stepped up antitrust investigations into Qualcomm's sales tactics, NVIDIA claims Qualcomm abused its power to push NVIDIA out of the cellular mobile broadband chipset market:
Nvidia claims it was forced to wind down its cellular mobile broadband chipset business, including its Icera unit just four years after buying it, as a result of Qualcomm’s "unlawful abuse of dominance," according to documents released by a London court Tuesday.

Qualcomm’s alleged tactics led to "unexplained delays in customer orders, reductions in demand volumes and contracts never being entered into, even after a customer or mobile network cooperating with a prospective customer has agreed or expressed a strong intention to purchase" Nvidia’s chipsets, the company said in the lawsuit.
The court filings reveal NVIDIA is seeking a declaration from the judge that Qualcomm abused its dominant market position, as well as compensation and an account of the profits Qualcomm may have gained from unlawful conduct. Full details at Bloomberg.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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