Apple and Qualcomm Amicable resolve major trade dispute



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The agreement, which could allow Qualcomm to restock the major components of the iPhone, to the detriment of Intel, also provides for the payment to Qualcomm by Apple of an unspecified amount, a joint statement said.

On Wall Street, shares of Qualcomm gained 22.25% after the announcement of the agreement, while Apple was 0.16% and Intel 0.32%.

In January 2017, Apple filed lawsuits against Qualcomm, accusing it of oversubscription of semiconductors and declining rebates of about $ 1 billion.

Qualcomm has filed a lawsuit against the Apple group, which has criticized it for using its influence in the electronics market to force subcontractors such as Hon Hai Precision, better known as Foxconn, not to pay intellectual property rights over Qualcomm's proprietary patents.

The agreement announced on Tuesday also provides that Qualcomm will terminate its actions against the subcontractors involved.

Apple claimed that Qualcomm's patent practices were illegal and aimed to maintain a de facto monopoly in the modern high-tech chip market, which allows smartphones to connect to broadband networks.

Prior to this dispute, Apple's iPhone included only Qualcomm's modem chips, but since the launch of the iPhone 7 in 2016, Apple has begun using Intel components in some of its models.

In July, Qualcomm had said that its modern chips would be totally absent from the latest generation of the iPhone, launched in September and fully equipped with Intel chips.

The lawsuit between Apple and Qualcomm was opened on Tuesday in a court in San Diego, California, and was expected to last five weeks.

The presiding judge, Gonzalo Curiel, closed briefly after the publication of news in the press suggesting an amicable agreement. "Both sides reached the ideal conclusion," he said after recalling the jury of six men and three women.

"This recovery allows these technology companies to resume business and resume business," he told the jury before closing the hearing.

(Vibhuti Sharma in Bangalore and Stephen Nellis in San Diego, Catherine Mallebay-Vacateur and Marc Angrand for the French service)

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