Qualcomm and Apple have settled their bitter two-year legal war, signing a new patent license agreement on Tuesday just as their lawyers wrapped up opening statements in the jury trial in San Diego Federal Court. The dramatic deal brings to an end a fierce fight over the way Qualcomm charges smartphone makers for use of its cellular inventions. Billions in damages were at stake. Few financial details of the settlement were available, but the agreement includes a six-year patent license deal between the two companies effective April 1, with an option to extend for another two years. It also involves a multi-year agreement for Qualcomm to supply smartphone chips for iPhones that will ramp up over time.
Qualcomm and Apple have settled their bitter two-year legal war, signing a new patent license agreement on Tuesday just as their lawyers wrapped up opening statements in the jury trial in San Diego Federal Court.
The dramatic deal brings to an end a fierce fight over the way Qualcomm charges smartphone makers for use of its cellular inventions. Billions in damages were at stake.
Few financial details of the settlement were available, but the agreement includes a six-year patent license deal between the two companies effective April 1, with an option to extend for another two years.
It also involves a multi-year agreement for Qualcomm to supply smartphone chips for iPhones that will ramp up over time.