(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/
4 Benefits of Rebranding Your Business with Professional Help
Is your brand losing relevance or getting swallowed up by the competition in your industry? Sometimes, it can be difficult…
The Video Editing Features You Want in Wondershare Filmora
The Video Editing Features You Want in Wondershare Filmora Your video editing skills are the second most significant factor to…
Review Apple and Qualcomm Have Settled Their Bitter Dispute Over iPhone Technology.