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A spokeswoman for the Munich regional court told Reuters on Friday that Apple had appealed the court’s Dec. 20 ruling. Apple, which had also said it planned to appeal the court decision, declined to comment on Qualcomm’s most recent move on Friday, only referring to its statement after the verdict. According to the court order, Apple has to stop the sale, offer for sale and importation for sale of all infringing iPhones in Germany. The court also ordered Apple to recall the affected iPhones from third-party resellers in Germany, according to a statement by Qualcomm park avenue cufflinks.
Kai Ruting, a German lawyer not involved in the case, said the court order was directed at Apple entities rather than third parties park avenue cufflinks. “These third parties are still free to sell the (affected) iPhones, and they sell the majority of iPhones,” Ruting said, adding, “the question of a settlement will be driven by the U.S. litigation and not the German case.”. Ruting said that Apple had strong arguments for the German court’s ruling to be reversed on appeal. If that happens, Qualcomm’s bond will be used to compensate Apple, he said..
Apple’s announced intention to pull iPhones from stores in Germany contrasts with how it has handled a court decision in China, where there was a much broader ban on iPhone sales after a court ruled the devices violated Qualcomm’s patents. Apple has continued to sell phones in China, saying it believed its phones were legal in the country park avenue cufflinks. Still, Apple also pushed a software update to address concerns over whether it was in compliance with Chinese courts. Qualcomm has said those software updates were insufficient and that Apple must still withdraw its phones. Apple had filed a request for the Chinese court to reconsider its decision, but no outcome has been announced..
BEIJING (Reuters) – China’s central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116 billion for new lending as it tries to reduce the risk of a sharp economic slowdown. The cut comes amid mounting worries about the health of the world’s second-largest economy, which is facing both slowing demand at home and punishing U.S. tariffs on its exports park avenue cufflinks. Global stock markets sold off on Thursday after a warning from tech giant Apple Inc about slowing China sales, while data this week showed manufacturing activity shrank in December for the first time in more than two years..
The announcement came just hours after Premier Li Keqiang said China would take further action to bolster the economy, including reserve requirement ratio (RRR) cuts and more cuts in taxes and fees, highlighting the urgency to cope with increasing headwinds park avenue cufflinks. “This speedy RRR cut with great intensity fully demonstrates the determination of policymakers to stabilize growth,” said Yang Hao, an analyst at Nanjing Securities. “At present, the economy is facing very big downward pressure amid internal and external troubles.”..