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Apple, Qualcomm drop all litigations in race to 5G

International   |   Glibs Quick   |   Apr 17, 2019, 15:10 PM

San Francisco. In a surprise move, Qualcomm and Apple have announced an agreement to dismiss all ongoing litigations, including with Apple's contract manufacturers, between the two companies worldwide.

The deal would result in a massive cash windfall for Qualcomm and put Apple on a faster path to 5G for iPhones.

The companies have reached a global patent license agreement and a chipset supply agreement, Apple said in a statement.

The settlement includes a payment from Apple to Qualcomm. The companies also have reached a six-year license agreement, effective as of April 1, 2019.

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