Qualcomm makes chips for smartphones and holds a number of wireless technology patents. Two years ago, Apple and its suppliers said the chip maker was overcharging and sued Qualcomm for almost $30 billion. Qualcomm sued back for $7 billion in lost payments. The two companies said yesterday they were settling all of their outstanding lawsuits, worldwide, which could pave the way for Apple to start using 5G Qualcomm modem chips in iPhones as early as 2020.
News and information you need, from a source you trust.
In a world where it’s easier to find disinformation than real information, trustworthy journalism is critical to our democracy and our everyday lives. And you rely on Marketplace to be that objective, credible source, each and every day.
This vital work isn’t possible without you. Marketplace is sustained by our community of Investors—listeners, readers, and donors like you who believe that a free press is essential – and worth supporting.