ITC to Investigate Qualcomm's Patent Infringement Allegations Against Apple

U.S. trade officials have agreed to investigate Qualcomm Inc's allegations that Apple Inc infringed on patents with its iPhone7 and other devices, the U.S. International Trade Commission said. The ITC will make its decision "at the earliest practicable time" and will set a target date for completing its investigation within the next 45 days, the commission said in a statement.