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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen4/17/2019 11:43:30 AM
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Apple settles with Qualcomm, licenses patents for chips ahead of 5G

On the second day of the federal trial between Qualcomm and Apple, the companies unexpectedly announced that they have settled their wide-ranging legal disputes and agreed to a global patent license. Apple says that it is making an unspecified payment to Qualcomm, and will consequently be able to source Qualcomm chips for six years effective April 1, 2019, with a two-year extension option.

The deal will notably enable Apple to procure faster modems for next-generation iPhones, as well as cellular iPads and Apple Watches. Critically, Apple will now be able to purchase Qualcomm’s 5G modems, which the San Diego chipmaker has sourced to virtually all of Apple’s Android-based smartphone competitors, including chief rival Samsung.

Read More - VentureBeat
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