Apple And Qualcomm End Global Court Battle And Are Best Buds Again

Viva Tung  CNET

However, if you're an iPhone user, and you want to keep using iPhones, you could have been left out if Apple didn't have access to a steady stream of 5G chips.

The news sent Qualcomm's stock price soaring more than 23 percent on Wall Street, its best one-day performance in almost 20 years.

Hours after Qualcomm and Apple announced a six-year licensing agreement as part of a royalty settlement, Intel made a decision to exit the future 5G smartphone market.

Finally, the U.S. FTC case against Qualcomm that makes numerous same claims of anticompetitive behavior remains unresolved, with a decision expected at any time.

Apple accuses Qualcomm, which holds the most patents for chips, of taking advantage of its dominant position to charge exorbitant amounts for its chips or access to its patents.

It looks as though the other shoe has dropped with followings Apple's surprise settlement with Qualcomm over patent licensing fees (as we predicted).

Apple and Qualcomm agreed Tuesday to dismiss all legal disputes between the two companies worldwide.

After news of the settlement became public, Intel announced it would be withdrawing from the business of making 5G modems for smartphones. Analysts said not using Qualcomm would hinder Apple's ability to create a market-leading 5G iPhone. Qualcomm countered that Apple reneged on its contracts. It also includes a six-year licensing agreement that likely involves recurring payments to the mobile chip maker.

More news: Microsoft confirms managed email data breach

The biggest victor of this settlement is Qualcomm. "The companies also have reached a six-year licence agreement, effective as of April 1, 2019, including a two-year option to extend, and a multiyear chipset supply agreement".

The settlement came just as both companies were beginning a $30 billion federal court trial over just one aspect of the case.

While lifting Qualcomm's shares, the settlement didn't help Apple's stock, which was largely unchanged at $199.25.

Apple is behind rivals such as South Korea's Samsung Electronics Co and Huawei in delivering a phone equipped with fifth-generation (5G) modems that is expected to provide fresh momentum in a slumping global smartphone market.

Neither Apple nor Qualcomm would comment beyond a brief statement announcing they had resolved their differences.

Qualcomm had also accused Apple of using the legal system as a way to pay less for its technologies.

But with Apple's efforts to launch a 5G version of the iPhone by 2020 reportedly being hampered by Intel missing deadlines for the development of its own XMM 8160 5G modem chip, it has been suggested another firm could enter the fray.

Related News:



Most liked

Notre Dame's iconic rooster retrieved from rubble
She said: "I feel like it will bring comfort to people in Paris and all over the world at this sad time". "And we can do it". The cost of a likely multi-year restoration project could itself take a year to become clear, industry experts said.

Ole Gunnar Solskjaer promised at least three new Man Utd signings
Barca were flustered, so much so the crowd even cheered with relief when Arthur Melo played his team's first convincing pass. The Red Devils are seeking Champions League qualification for next season via a top-four finish this term.

Irving, Morris lead Celtics' rally past Pacers in Game 1
A quick 9-2 run for IN to open up the second forced Stevens into a timeout with 9:08 left and the Pacers leading 29-22. The Indiana Pacers are allowing 35.7 percent shooting from deep and are grabbing 42 rebounds per game.

Omeruo returns as Leganes hold Real Madrid
Zinedine Zidane has openly admitted that Real Madrid are going to be particularly busy in this summer's transfer market. He took his La Liga tally to 18 goals against Leganes and Carvajal hailed him as Madrid's player of the season.

Milwaukee River dyed green to celebrate Bucks’ playoff run
When 2 of their 5 prized starters are effectively non-shooters, Brooklyn is the type of team that can use that to shut them down. After reaching the last eight NBA Finals, James is out of the playoffs for the first time since his sophomore season in 2004-05.

Facebook Messenger introduces 'Dark Mode' for users globally
If you're a fan of dark mode on just about every device you own, you're really going to like the next version of iOS. Further, font management on iOS 13 is also said to receive a major upgrade with a dedicated panel to manage fonts.

Klobuchar Releases Taxes, Urges Trump To Do Same
Trump traveled to Minnesota on Monday for a roundtable meeting with business leaders to talk about the benefits of the tax bill. A poll released last week found that just 17 percent of Americans said they paid less under the Tax Cuts and Jobs Act.

Omar supporters rally to protest Trump visit
After the call though, the video disappeared as a pinned tweet at the top of Trump's Twitter feed, but it was not deleted. The president and his son, Donald Trump Jr., began criticizing Omar last week for remarks made about the 9/11 attacks .

A new LEGO Star Wars game just got outed by General Grievous
She would add, "I think this is a huge opportunity to step into the galaxy in a little bit different part of the timeline". Johnson helmed The Last Jedi , in 2017, and he was quickly signed to develop a new trilogy.

Sudan protesters demand 'immediate' civilian rule
The military council later held a press conference at which its spokesperson did not respond to the protesters' latest demands. The Sudanese military has attempted to break up a mass sit-in outside its headquarters in the capital Khartoum.

Leafs’ Nazem Kadri suspended for rest of Bruins series
It would stink, it would be worthy of criticism, but you move on and bring him back next season without thinking twice about it. And Andreas Johnsson replaced Kadri on the first power-play unit and finished with a goal and an assist.

Winx racks up 33rd consecutive victory in final race
He was second to Winx when she won her Doncaster in 2016. "Because there's no race where they race together, it's hard to quantify it".

Ole Gunnar Solskjaer reveals ‘$100m question’ facing Man Utd against Barcelona
I am sure he wants to prove a point and prove point for us as well. "For us now we need to forget about the past. Sanchez is unlikely to start against his former club could be named on the bench.

Fresh disc-less Xbox One S leaks suggests pricing shake up
The Xbox One S All Digital console will be reportedly be priced at Euro 229.99 in several European country, which roughly equals Rs 18,000.

Getty Images Lori Loughlin pleads not guilty in college admissions scam
Courthouse after appearing in Federal Court to answer charges stemming from college admissions scandal , April 3, 2019, in Boston. The accusations have hampered the careers of Loughlin and her daughter Olivia Jade , a social media influencer.