Qualcomm and Apple Agree to Drop All Litigation
April 16 2019 - 3:04PM
Business Wire
- Agreement ends all ongoing litigation,
including with Apple’s contract manufacturers
- Companies have reached a global patent
license agreement and a chipset supply agreement
Qualcomm and Apple® today announced an agreement to dismiss all
litigation between the two companies worldwide. The settlement
includes a payment from Apple to Qualcomm. The companies also have
reached a six-year license agreement, effective as of April 1,
2019, including a two-year option to extend, and a multiyear
chipset supply agreement.
Apple revolutionized personal technology with the introduction
of the Macintosh in 1984. Today, Apple leads the world in
innovation with iPhone, iPad, Mac, Apple Watch and Apple TV.
Apple’s four software platforms — iOS, macOS, watchOS and tvOS —
provide seamless experiences across all Apple devices and empower
people with breakthrough services including the App Store, Apple
Music, Apple Pay and iCloud. Apple’s more than 100,000 employees
are dedicated to making the best products on earth, and to leaving
the world better than we found it.
Qualcomm invents breakthrough technologies that transform how
the world connects, computes and communicates. When we connected
the phone to the Internet, the mobile revolution was born. Today,
our inventions are the foundation for life-changing products,
experiences, and industries. As we lead the world to 5G, we
envision this next big change in cellular technology spurring a new
era of intelligent, connected devices and enabling new
opportunities in connected cars, remote delivery of health care
services, and the IoT — including smart cities, smart homes, and
wearables. Qualcomm Incorporated includes our licensing business,
QTL, and the vast majority of our patent portfolio. Qualcomm
Technologies, Inc., a subsidiary of Qualcomm Incorporated,
operates, along with its subsidiaries, all of our engineering,
research and development functions, and all of our products and
services businesses, including, the QCT semiconductor business. For
more information, visit Qualcomm’s website, OnQ blog, Twitter and
Facebook pages.
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version on businesswire.com: https://www.businesswire.com/news/home/20190416005931/en/
AppleKristin Huguet, (408) 974-2414khuguet@apple.com
AppleJosh Rosenstock, (408) 862-1142jrosenstock@apple.com
QualcommPete Lancia, (858) 845-5959corpcomm@qualcomm.com
Qualcomm Investor RelationsMauricio Lopez-Hodoyan, (858)
658-4813ir@qualcomm.com
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