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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.