Qualcomm stock surges after settling long patent dispute with Apple

Credit: Reuters- Published on April 16, 2019
Qualcomm Inc on Tuesday won a major victory in settling its wide-ranging legal dispute with Apple Inc, signing a six-year patent license deal and a supply agreement that could pave the way to getting its modem chips back in the iPhone, which featured only Intel Corp chips last year.
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Credit: Reuters Studio
Published on April 16, 2019 -  01:36
Qualcomm soars after Apple patent settlement
Shares of chip technology company Qualcomm surged 22 percent after it reached a six-year licensing agreement with Apple, ending a long-running bitter dispute between the two tech giants. Conway G. Gittens reports.

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