Apple and Qualcomm reach deal to drop all litigation

Apple as well as Qualcomm accept reached a short town inward their ongoing royalty dispute. The 2 companies issued a press unloosen Tuesday afternoon, stating that they volition driblet all litigation as well as run inward a six-year licensing agreement, effective every bit of the starting fourth dimension of this month.

Qualcomm as well as Apple today announced an understanding to dismiss all litigation betwixt the 2 companies worldwide. The short town includes a payment from Apple to Qualcomm. The companies likewise accept reached a six-year license agreement, effective every bit of Apr 1, 2019, including a two-year selection to extend, as well as a multiyear chipset provide agreement.

This is a pregnant development, every bit Apple as well as Qualcomm accept been entangled inward legal battles some the globe for years. There was verbalise of iPhone sales bans inward some countries, as well as Apple was rumored to endure moving from Qualcomm to Intel or fifty-fifty in-house modems.

At the pith of their disagreement was that Apple didn’t similar paying Qualcomm for both its modems and licensing fees—a double-dipping of sorts. In fact, the 2 firms only began a major case inward San Diego this week—a high-profile battle that was expected to terminal good into May.

But it seems similar all of that’s over amongst now. So…nothing to come across here, motion along.

Source: Apple

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