Apple: USD4.5bn settlement with Qualcomm

(CercleFinance.com) - The agreement reached between Apple and Qualcomm, which is ending their legal dispute and which was sealed in mid-April, will bring Qualcomm between 4.
5 billion and 4.7 billion dollars.

The amount concerned was not disclosed at the time the agreement was signed, although the sum was mentioned in Qualcomm's quarterly publication.

Remember that that this deal means that all legal proceedings launched by Qualcomm against Apple will be abandoned and includes a commercial component on the supply of chips to Apple.

Copyright (c) 2019 CercleFinance.com. All rights reserved.