Apple, Qualcomm settle bitter dispute over iPhone technology

Apple, Qualcomm settle bitter dispute over iPhone technology

Qualcomm on Tuesday won a major victory in its wide-ranging legal dispute with Apple as the companies reached a settlement that called for the iPhone to once again use Qualcomm modem chips. Shares of Qualcomm jumped 23 per cent, their biggest gain in more than 19 years. The settlement also incorporates a six-year patent license and a payment from Apple to Qualcomm.

KCooper
KCooper
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