Qualcomm expects to receive $4.5 billion from Apple settlement

Qualcomm expects to receive $4.5 billion from Apple settlement

Qualcomm revealed that Apple will pay it approximately $4.5 to $4.7 billion to dismiss all litigation between the two companies. The announcement came as part of Qualcomm’s quarterly earnings report. Apple and Qualcomm last month settled their patent licensing battle, ending a two-year dispute the day after their trial kicked off in San Diego.

KCooper
KCooper
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