Apple has filed an appeal to abolish a court decision iPhone sales could ban in China, On Monday the company said, that all of its models remain available in its Chaines market.
The American milestone is trapped in a legal battle In the world’s third largest market.
Qualcomm announced that a court in Fujian Province has granted a preparatory orders of banning the import and sales of old iPhone models in China reasonsing that they violate two patents owned by the American chipmaker.
According to Qualcomm, The patents in question relate to features enabling consumers to edit photos and manage apps on smartphone touchscreens.
According to Don Rosenberg, executive vice president and general counsel of Qualcomm, in a statement. “Apple continues to benefit from our intellectual property while refusing to compensate us. These Court orders are further confirmation of the strength of Qualcomm’s vast patent portfolio,
Apple reattached in a statement calling Qualcomm’s effort to ban its products “another desperate move by a company whose illegal practices are under investigation by regulators around the world.” Apple also claimed that Qualcomm is asserting three patents they had never raised before, including one which has already been invalidated.
At this point It is not yet clear what final effects the court injunction will have on Apple’s sales in China.
Apple vs. Qualcomm, case is part of an ongoing global patent battle between which saw the former seek to block the sales and manafacturing of Apple’s iPhones in China over patent issues pertaining to payments last year.
On Monday, Apple shares opened down more than 2 percent before closing up 0.7 percent where Qualcomm shares were up by 3 percent. Apple price target lovered to $200 a share from $240 a share, by Citi saying in a note to investors that while it does not expect China to impose or ban additional tariffs on Apple, “should this occur Apple has material exposure to China.”
According IDC firm of market research, The Apple case comes as the tech giant faces cutthroat competition in China, which shows 18 percent of its total sales from the third quarter. 7.2 present of China market is acquired by American company’s market share is shrunk to 6.7 percent year-over-year in the second quarter as local competitors Oppo and Huawai grabes more space.
IDC says, The annual drop is due to Apple’s high prices, but its name “is still very dominant in China” and “the company will fare well should it release slightly cheaper options later in the year.”