The agreement includes the dismissal of all litigation between the two companies worldwide and includes a six-year licensing agreement and a multiyear supply agreement. According to a statement from the companies, Apple will also make a payment of an unspecified amount to Qualcomm. Qualcomm argued that the bundle of technology patents includes not just the chip technology but myriad wireless tech that Apple needs in its iPhones. The terms of Apple’s new licensing agreement with Qualcomm were not disclosed Tuesday, and it’s unclear whether those terms will still put Qualcomm in the crosshairs of the FTC. The settlement hurt both companies, weakening Qualcomm and taking from Apple a potential supplier of 5G wireless technology.

Source: Washington Post April 16, 2019 15:23 UTC