Tech giants bury the hatchet

Apple, Qualcomm reach agreement in royalty dispute

Tech giant Apple Inc has reached an agreement with US chip major Qualcomm Inc to end their two-year legal battle over technology licensing fees, as the smartphone vendor steps up its efforts for the forthcoming 5G era.

The move signifies that Apple is prioritizing the need for a stable supplier of 5G modem chips over business disputes, and the global 5G smartphone battle is finally on, putting more pressure on Chinese companies, experts said.