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Court battle, trade war and 5G spell tough 2019 for Apple

SHANGHAI/SAN FRANCISCO: Apple Inc’s chief executive Tim Cook has his work cut out in China this year: the iPhone maker faces the looming threat of a court-ordered sales ban, the uncertain outcome of trade war talks and the roll-out of a new 5G network, where it finds itself behind rivals. The complex outlook raises a challenge for Apple as it looks to revive its China fortunes after weakness there sparked a rare drop in its global sales forecast, knocked $75 billion from its market valuation and roiled global markets.…

Qualcomm enforces ban to halt some iPhone sales

US chipmaker Qualcomm took steps to enforce a court order banning the sale of some iPhone models in Germany following a patent dispute, a move that will likely see Apple pull those models from its German stores. A spokesman for Gravis, Germany’s biggest reseller of Apple products which is owned by telecoms company Freenet said on Friday that it still had all Apple products on sale, including the iPhone 7 and 8 models. The German case is Qualcomm’s third major effort to secure a ban on Apple’s lucrative iPhones over…

Apple iPhones to be assembled in India in 2019: source

MUMBAI/DELHI: Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source familiar with the matter. Importantly, Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, the source said, potentially taking Apple’s business in India to a new level. The work will take place at Foxconn’s plant in Sriperumbudur…

German court rules Apple infringed Qualcomm patent

MUNICHA: German court ruled on Thursday that iPhone maker Apple Inc infringed a hardware patent of Qualcomm Inc and said the U.S. company could no longer sell some iPhone models in Germany which contain a particular component. The ruling will not go into immediate effect if Apple appeals, judge Matthias Zigann told the court. Qualcomm needs to post a bond of 668.4 million euros, or $765 million, before it can begin proceedings to enforce the order, the court said in a news release after the hearing. The ruling affects…

China court bans iPhone sales in patent dispute

WASHINGTON: A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between US chipmaker Qualcomm and Apple, according to a Qualcomm statement Monday. The statement said the Fuzhou Intermediate People's Court had granted Qualcomm's request for two preliminary injunctions against four subsidiaries of Apple, ordering them to immediately to stop selling the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus and iPhone X. The move marked the latest in a long-running dispute…

Microsoft’s market value overtakes Apple’s to close out week

SAN FRANCISCO: Microsoft Corp’s stock market value closed above Apple Inc’s for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand. Shares of Microsoft rose 0.6 percent to end the week at $110.89, putting its market capitalization at $851.2 billion. Apple shares fell 0.5 percent to $178.58 on the day, adding up to a market value of $847.4 billion. The two stocks jostled for the top spot over the course of the…