Intel earlier this year announced it was abandoning efforts to compete with modem chips for smartphones synched to new-generation"5G" networks.
The last-minute settlement cut short a courtroom clash between the tech giants just as it was getting underway in California. At the heart of the battle were the royalties Qualcomm charges for its patented chips, which enable smartphones to connect to mobile networks. Qualcomm denied the allegations and accused Apple of abusing its position and of taking legal action to negotiate prices down.
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