Apple and Qualcomm drop all lawsuits in surprise settlement

Apple and Qualcomm have agreed to settle all ongoing lawsuits, putting an end to the blockbuster legal battle that’s seen the two tech giants sue one another across the globe.

As part of the settlement, Apple will make a payment to Qualcomm for an undisclosed amount. The companies have reached a six year licensing agreement, which may be extended for another two years. They’ve also agreed for Qualcomm to supply parts for multiple years, which likely means its modems will once again appear in the iPhone.

Apple and Qualcomm have been fighting over Qualcomm’s patent licensing practices for the last two years. Apple contended that Qualcomm was charging unreasonably high fees for essential patents and using its position as the dominant…

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