Qualcomm under fire: Patent battles up, profits down

Qualcomm recorded a hefty 40-percent drop in quarterly profit for its fiscal Q3 2017, with the chip-maker blaming its ongoing legal spat with Apple for biting into revenues. The news comes as four new companies – all closely tied to Apple’s supply chain – have filed new antitrust complaints against Qualcomm, while it itself has expanded its demands for an …