Qualcomm and Apple announced a worldwide legal settlement on April 16 -- freeing Apple to develop 5G-capable smartphones. However, Qualcomm still faces other sizable legal challenges from global regulators for using its chip patents to charge excessive royalties, including an antitrust lawsuit from the U.S. Federal Trade Commission.
After years of litigation involving a number of countries and disputes, Qualcomm and Apple agreed to put aside their differences and settle their disputes worldwide. As part of their settlement, the two U.S. tech giants have also agreed to a new six-year supply agreement for Apple to buy Qualcomm chips,...
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