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Updated Apple and Qualcomm today settled out of court all of their various patent and licensing legal battles against one another around the world.
This comes just one day into their latest dust up: a $30bn lawsuit brought against Qualy by Apple and its pals in San Jose, USA, a trial that just evaporated as a result of today's peace pact.
Statement - Tuesday - Apple - Qualcomm - Agreement
In a joint statement on Tuesday, Apple and Qualcomm announced "an agreement to dismiss all litigation between the two companies worldwide," including claims against Apple's contract manufacturing partners.
Apple and its partners in 2017 claimed that Qualcomm abused its market dominance to charge too much in royalties to use its cellular communications technology. Qualcomm then countersued, resulting in more than 80 court conflicts around the globe.
US - Federal - Trade - Commission - Lawsuit
A US Federal Trade Commission lawsuit against Qualcomm over alleged anti-competitive tactics concluded in January, though a decision has yet to be announced. The Trump administration is said to be interested in settling to support Qualcomm as a counter-balance to Chinese rivals.
In 2015, Qualcomm paid a $975 million fine to settle Chinese government claims that it charged too much for technology royalties. It has also been hit with competition fines in South Korea, although the Japanese authorities have found in Qualcomm's favor.
Apple-Qualcomm - Deal - April - Dozens - Lawsuits
The Apple-Qualcomm deal, effective as of April 1, 2019, concludes the dozens of ongoing lawsuits between the two companies and partners. It establishes a six-year global patent license agreement, with a two-year option to extend, and multiyear, renewable chipset supply agreement, which could affect rival semiconductor slinger Intel.
Qualcomm said the deal is expected to add...
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