Apple sues Qualcomm in Beijing seeking 1 billion yuan

By Diane Bartz WASHINGTON (Reuters) - Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan (115.37 million pounds) in damages, Beijing's Intellectual Property Court said in a statement on Wednesday. Apple also filed a second lawsuit against Qualcomm which accused it of failing to live up to promises made to license "standard essential patents" broadly and inexpensively. Qualcomm is a major supplier