Qualcomm and Apple Agree to Drop All Litigation

  • Agreement ends all ongoing litigation, including with Apple’s contract
    manufacturers
  • Companies have reached a global patent license agreement and a chipset
    supply agreement

SAN DIEGO & CUPERTINO, Calif.–(BUSINESS WIRE)–Qualcomm and Apple® today announced an agreement to dismiss all
litigation between the two companies worldwide. The settlement includes
a payment from Apple to Qualcomm. The companies also have reached a
six-year license agreement, effective as of April 1, 2019, including a
two-year option to extend, and a multiyear chipset supply agreement.

Apple revolutionized personal technology with the introduction of the
Macintosh in 1984. Today, Apple leads the world in innovation with
iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software
platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences
across all Apple devices and empower people with breakthrough services
including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more
than 100,000 employees are dedicated to making the best products on
earth, and to leaving the world better than we found it.

Qualcomm invents breakthrough technologies that transform how the world
connects, computes and communicates. When we connected the phone to the
Internet, the mobile revolution was born. Today, our inventions are the
foundation for life-changing products, experiences, and industries. As
we lead the world to 5G, we envision this next big change in cellular
technology spurring a new era of intelligent, connected devices and
enabling new opportunities in connected cars, remote delivery of health
care services, and the IoT — including smart cities, smart homes, and
wearables. Qualcomm Incorporated includes our licensing business, QTL,
and the vast majority of our patent portfolio. Qualcomm Technologies,
Inc., a subsidiary of Qualcomm Incorporated, operates, along with its
subsidiaries, all of our engineering, research and development
functions, and all of our products and services businesses, including,
the QCT semiconductor business. For more information, visit Qualcomm’s website,
OnQ
blog
, Twitter
and Facebook
pages.

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trademarks of Apple Inc. Other company and product names may be
trademarks of their respective owners.

Contacts

Apple
Kristin Huguet, (408) 974-2414
[email protected]

Apple
Josh Rosenstock, (408) 862-1142
[email protected]

Qualcomm
Pete Lancia, (858) 845-5959
[email protected]

Qualcomm Investor Relations
Mauricio Lopez-Hodoyan, (858) 658-4813
[email protected]

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