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Wednesday, April 17, 2019

Apple and Qualcomm drop all lawsuits in surprise settlement

Apple and Qualcomm have agreed to settle all ongoing lawsuits, putting an end to the blockbuster legal battle that’s seen the two tech giants sue one another across the globe.

As part of the settlement, Apple will make a payment to Qualcomm for an undisclosed amount. The companies have reached a six year licensing agreement, which may be extended for another two years. They’ve also agreed for Qualcomm to supply parts for multiple years.

Apple and Qualcomm have been fighting over Qualcomm’s patent licensing practices. Apple has contended that Qualcomm charges unreasonably high fees for essential patents, using its position as the dominant supplier of smartphone modems to demand those fees. The lawsuit began in January 2017, and the two...

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Source:
The Verge - Tech Posts

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