In a surprise move, Apple and Qualcomm finally agreed to end their long-term beef, and sign a six-year license agreement deal. Apple will also pay an undisclosed amount to the chipmaker as part of the settlement. Hours after this announcement, Intel said that it’s exiting mobile 5G modem market, paving way for a Qualcomm–modem powered iPhone in the future: Before we discuss what this means for the future of these companies, let’s take a look at the timeline of this saga. In 2017, Apple filed an anti-trust lawsuit against Qualcomm for $1 billion.
Read how Apple and Qualcomm have buried their differences and Intel has decided to exit the 5G modem space on The Next Web.