The Seoul High Court denied
the Qualcomm’s petition to stay the order of the Korea Fair Trade Commission
(KFTC). The court found that company’s business wouldn’t suffer irreparable harm
while the company appeals. Irreparable harm typically is the legal threshold
that courts use when determining whether to grant a stay.
Qualcomm announced it
would appeal the Seoul High Court’s decision to the Korea Supreme Court. Link: Qualcomm
press release
The case is an
intermediary process and the court’s decision to deny the petition to stay does
not impact Qualcomm’s appeal of the KFTC decision and order. The main lawsuit
is pending before the Seoul High Court.
Further, the KFTC’s order
reviewed by the Court does not invalidate any existing license agreements, does
not prohibit Qualcomm from entering into licenses for its standard essential
patents (SEPs) and other patents at the device level and does not limit the
royalties Qualcomm can seek or collect for SEPs under its current or future
licenses as long the license agreements are consistent with Qualcomm’s FRAND
commitments.
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