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Qualcomm’s CEO reveals some extra details of the agreement with Apple

CNBC

Last Tuesday, the surprise came, Qualcomm and Apple made peace after years of fights and months in courts around the world. Now that the deal has been made public, Qualcomm’s CEO commented on the details in a recent interview with CNBC.

Qualcomm’s CEO reveals some extra details of the agreement with AppleQualcomm’s CEO reveals some extra details of the agreement with Apple

Steve Mollenkopf comments that “after a lot of talking” both companies finally reached an agreement that according to him, benefits and pleases both companies . The objective goes from fighting to see which one is right to bring out products in collaboration. Or, for that matter, launch an iPhone with a Qualcomm 5G modem.

At AppleQualcomm and Apple come to an agreement in their disputes

The two companies, says Qualcomm’s CEO, have established “a very broad agreement” for the use of Qualcomm technology in Apple products. Unlike previous agreements, which were made with Apple’s manufacturing partners, is now a direct agreement with Apple .

Obviously nothing has been directly commented on the iPhone with 5G modem. It has only been implied that “the whole team” is “excited” about working with Apple on new products. Intel’s exit from this market has been a key factor in the balance being tipped in favour of the agreement rather than the dispute between Qualcomm and Apple. With Intel out, only Qualcomm was left as a potential partner capable of delivering a 5G modem that matches Apple’s products.

It is also known that part of the agreement includes a payment by Apple to Qualcomm , although neither company has officially commented on what that amount is and for what exact reason. Neither did Steve Mollenkopf in the CNBC interview. This interview can be viewed in full with more details directly related to Qualcomm and not Apple.

Via