Apple, Qualcomm Drop Multibillion-Dollar Licensing War
Law360, San Diego (April 16, 2019, 3:30 PM EDT) -- Apple and Qualcomm have settled their multibillion-dollar dispute over Qualcomm's patent-licensing practices just after opening statements in the long-awaited antitrust trial in San Diego about how large a cut Qualcomm gets on iPhones that use its technology.
Apple and Qualcomm have agreed to end litigation over patent licensing with a settlement that involves a payment from Apple, a license agreement and a chipset supply deal. (AP)
Apple has agreed to pay an undisclosed amount to Qualcomm as part of the deal, according to the companies. The tech giants reached a six-year licensing agreement, effective April 1, and a multiyear chipset supply...
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