Apple Reportedly Paid Qualcomm an Estimated Single $6 Billion Payment, to End Patent Licensing Lawsuit
https://wccftech.com/apple-paid-qualcomm-6-billion-end-lawsuit/
While it was reported that Apple and Qualcomm ended their legal skirmish once and for all, it wasn’t recorded how much it cost to reach that agreement. Sure, with both companies presumably rekindling their business relationship, we now have higher hopes of seeing a 5G iPhone lineup next year. As for what the reported amount was, a UBS analyst might have a clue concerning the agreement, so let us dive deep into the details.
According to a research note from UBS, Qualcomm turned out to be the lucky recipient of a hefty sum from Apple. One reason UBS believes Apple was willing to pay such an amount to Qualcomm could be that the technology giant was having trouble securing 5G modems from other suppliers. While Huawei would seem like the ideal candidate for this requirement, turns out that the Chinese behemoth did not have any communication with Apple related to providing 5G modems. Also, since Qualcomm is the market leader when it comes to this part of this industry, Apple would likely have no choice but to give in to the demands.