- Qualcomm said Apple extended its global patent-licensing agreement with the chip designer.
- The current agreement ends on March 31, 2027, and includes an option to extend it by two years; Qualcomm did not give a timeline for the latest move.
- Apple continues to reduce reliance on Qualcomm modem chips even as it remains tied to some of Qualcomm's patent portfolio.
Quotes
“even as the iPhone maker looks to cut its reliance on the company's modem chips.”
“Both Apple and Qualcomm did not respond”