Despite facing $1 billion lawsuit, Qualcomm to supply chips to Apple
Tech major Apple has sued Qualcomm for about $1 billion over royalties.
Tech major Apple has sued Qualcomm for about $1 billion over royalties. Apple reportedly made its decision to terminate its contract with Qualcomm in an effort to make it into a regulatory issue, added reports.
Qualcomm may file lawsuits in against Apple, it is learnt. Qualcomm has been a major supplier to Apple and Samsung, and supplied chips for connecting iphones to WiFi.
About 40 percent of Qualcomm’s last year’s revenue of
Qualcomm is a big supplier to Apple as well as Samsung, as it provides them with chips which help smartphones connect to WiFi. Qualcomm’s, last year’s revenue was $23.5 billion, of which, these two companies accounted for almost 40 percent, according to Reuters.
Apple has alleged that the chip manufacturing firm has been overcharging for its chips and not paying around $1 billion in rebates.