(SAN FRANCISCO) — Apple and mobile chipmaker Qualcomm has settled a bitter financial dispute centered on some of the technology that enables iPhones to connect to the internet.
The surprise truce announced Tuesday came just as the former allies turned antagonists were facing off in a federal court trial that was supposed to unfold over the next month in San Diego. The resolution abruptly ended that trial, which also involved Apple’s key iPhone suppliers.
The deal requires Apple to pay Qualcomm an undisclosed amount. It also includes a six-year licensing agreement that likely involves recurring payments to the mobile chipmaker.
Read the Full Article Here: http://time.com/5572162/apple-qualcomm-dispute-iphone/
Kamran Sharief
Related posts
Recent Posts
5 Gadgets for Playing Online Casino Games
Gadgets for Playing Online Casino Games Online casino games are pretty popular these days. One of the primary reasons that…
Are mobile apps getting worse for reliability?
Are mobile apps getting worse for reliability There is a growing argument that mobile applications are starting to get worse…