May 02 - 09:05
Qualcomm expecting close to $5 billion from Apple settlement
Qualcomm says it will pocket nearly $5 billion from Apple after they settled a licensing dispute. Apple had withheld royalty money from the last two years as the pair clashed in courts around the world. They reached an agreement last month for the payments. "We believe the settlement is a win for both companies," said Qualcomm CEO Steve Mollenkopf.
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