Apple and Qualcomm have been at each other’s throats since 2017 when Apple accused Qualcomm of charging too much for patent licensing. After Apple’s response was to use Intel chips on its devices instead, Qualcomm got iPhone imports banned in various countries around the globe for patent infringement.
At long last, the two companies seem to have found some common ground and have announced that they have reached a settlement and that they will stop all litigation around the world.
While most of the details concerning the agreement are unknown at this time, the companies have stated that a payment of an undisclosed amount is being made by Apple to Qualcomm and that a six-year licensing agreement with a multiyear chipset supply agreement have been set into place.
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