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Qualcomm and Apple Agree to Drop All Litigation
SAN DIEGO & CUPERTINO, Calif.--(BUSINESS WIRE)-- Qualcomm and Apple® today announced an agreement to dismiss all litigation between the two companies worldwide. The settlement includes a payment from Apple to Qualcomm. The companies also have reached a six-year license agreement, effective as of April 1, 2019, including a two-year option to extend, and a multiyear chipset supply agreement.
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Qualcomm +16%
SAN DIEGO & CUPERTINO, Calif.--(BUSINESS WIRE)-- Qualcomm and Apple® today announced an agreement to dismiss all litigation between the two companies worldwide. The settlement includes a payment from Apple to Qualcomm. The companies also have reached a six-year license agreement, effective as of April 1, 2019, including a two-year option to extend, and a multiyear chipset supply agreement.
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Qualcomm +16%
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