Qualcomm will take at least $4.5 billion from Apple after settling mammoth legal battle

Qualcomm will take at least $4.5 billion from Apple after settling mammoth legal battle

5 years ago
Anonymous $9jpehmcKty

https://www.theregister.co.uk/2019/05/02/qualcomm_apple_fine/

Qualcomm’s future is looking pretty rosy as its expected to pocket more than $4bn in extra revenue for its next quarter, after settling with Apple in a legal battle over chip patents.

“We are pleased to have reached multi-year agreements with Apple, and look forward to continuing to support them as a customer,” Qualcomm’s CEO Steven Mollenkopf, said in an earnings call with analysts on Wednesday.