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Judge Orders Qualcomm to Pay Apple Nearly $1 Billion Rebate: Report

Tom Bemis

U.S. District Court Judge Gonzalo Curiel of the Southern District of California issued the ruling, Reuters reported. Apple sued Qualcomm two years ago, claiming the chipmaker had violated the terms of a cooperation agreement between the two companies, according to the report. Qualcom shares fell 20 cents in after-hours action to $55.20.