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Apple and Qualcomm end legal battle over royalties

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Apple will make a one-time payment to Qualcomm and the two entered into a multiyear-chip supply and licensing agreement

San Francisco —

, effective April 1, in which the iPhone maker will pay royalties to Qualcomm, the companies said Tuesday in a statement. All the litigation between the companies around the world will be dismissed, according to the statement. No amounts related to the payments or fees were given. Apple was the remaining holdout from a licensing practice that allows the San Diego-based chipmaker to charge patent royalties on technology that underpins all modern smartphones.

 

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