In Apple's opinion, the semiconductor manufacturer is demanding license fees that are far too high - the chip company is abusing its market power - that was Apple's position in the dispute between the giants. Now the dispute seems to be over.
The long-running dispute between chip manufacturer Qualcomm and Apple has now officially ended, both companies announced. All ongoing proceedings worldwide are to be discontinued. According to the press release, an agreement has been reached. The agreement between the two companies includes, among other things, a six-year license agreement effective April 1, 2019.
Qualcomm modems are back
There is also a two-year option to extend the agreement and a multi-year "chipset supply agreement". In addition, Apple must make a compensation payment to Qualcomm - the amount was not commented on. It is believed that Apple will have to pay around seven billion US dollars to the chip company. Qualcomm shares have already increased by more than 20 percent - Apple shares have fallen by half a percent. Whether this year's iPhone line-up will already be equipped with Qualcomm chips remains to be seen, of course - but Apple's 5G plans for iPhones should be easier to implement thanks to the agreement.
