Technology Apple and Qualcomm have settled their epic lawsuit over chip patents | Washington Post

A dark day for intellectual property-focused law firms worldwide...

"Qualcomm is still facing headwinds, including from Apple, which opened an office in San Diego in an effort to hire wireless-industry talent and develop its own modem chip. The wireless industry is competitive, and if Qualcomm can’t stay at the forefront of the technology, it could lose its edge.

Tuesday’s settlement is the culmination of a case that began in January 2017, when Apple alleged that the chipmaker and wireless pioneer had a stranglehold on the market for wireless modem chips that, until recently, were used in the iPhone. Apple contends that Qualcomm leveraged its position to overcharge for its patent licenses.

Rather than bend to Apple’s demands, Qualcomm countersued. Then Apple sued back. There were more than 80 lawsuits between the two companies in Asia, Europe and the United States."

 Technology Apple and Qualcomm have settled their epic lawsuit over chip patents | Washington Post