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Apple-Qualcomm: Peace in our time
22 April 2019 00:00
Apple and Qualcomm were set to do battle in a San Diego courtroom earlier this month to sort out a years-long dispute over the value of Qualcomm’s cellular communications technology. Then after a nine-person jury was sworn in, the two companies abruptly settled. How this impacts the mobile industry, and a series of related cases, is yet unknown.
The settlement announced today between Apple and Qualcomm is a huge win for both companies, but much less so for the US Federal Trade Commission.
After years of intensive litigation and licensing negotiations, Qualcomm and Apple settled their multibillion dollar dispute on confidential terms today as opening arguments in an antitrust and breach of contract trial were wrapping up.