Qualcomm Pegs Apple Licensing Fight Deal At $4.5B Or More

Law360 (May 1, 2019, 9:39 PM EDT) -- Qualcomm will get at least $4.5 billion from a deal with Apple that ended the tech giants’ multibillion-dollar dispute in California federal court over Qualcomm's patent-licensing practices, according to financial information Qualcomm disclosed to investors Wednesday.

The dollar value of the deal, which went into effect last month, wasn’t made public at the time. But in a release covering Qualcomm’s financial results for the second quarter of 2019, the San Diego-based chip maker said it expected the settlement to bring in between $4.5 billion and $4.7 billion in the form of a payout from Apple, as well as the cancellation of...

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