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Apple and Qualcomm renew chip licensing agreement
Original: Apple, Qualcomm renew chip licensing agreement
Apple and Qualcomm have renewed their chip licensing agreement, extending a business relationship that has swung between partnership and litigation over the years. Qualcomm supplies modem chips for iPhones under licensing terms, and the renewal keeps that arrangement in place. The deal matters for the semiconductor and smartphone industries since both companies depend on the continued supply relationship.
Why now: The renewal secures iPhone modem supply and signals stability in a high-profile tech partnership.
Evidence
- Apple, Qualcomm renew chip licensing agreement · TyN Magazine
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