To Innovation - Breaking Politics, Economics, Crypto & IT News

learn more
Reporting from Watford, UK and LA, US since 1996
learn more




TOP STORIES
This is Peter Brandt's Bitcoin bull explained: checking the boxes

Has the Bitcoin started the next bull run? The nice thing about Peter Brandt is that he relies on st...



Apple and Qualcomm settle lingering dispute



A six-year license contract has now been concluded.



18.Apr.19 5:40 AM
By Abigail Richards
Photo Qualcomm

   633

Apple and Qualcomm settle lingering dispute
Apple and chip giant Qualcomm have settled their protracted fight over patents. In addition, the iPhone maker has promised to pay royalties to Qualcomm from now on. The many ongoing legal cases and disputes between the two groups are thus resolved in one fell swoop.

Qualcomm has long accused Apple of using its technology for iPhones without paying enough for it. Apple insisted for a long time that the chip giant abused its dominant position in the market by demanding high royalties. It was a tough battle, with Qualcomm even being able to temporarily ban the sale of certain iPhones in Germany.

A six-year license contract has now been concluded. There is also a one-off payment from Apple to Qualcomm. It is not clear exactly how much money is involved.

On the New York stock exchange, the Qualcomm share went up about 18 percent on Tuesday after the news came out. At Apple (plus 0.3 percent) there was less movement in the market value.



Back to the list


Related Information: