Apple, Qualcomm settle bitter dispute over iPhone technology

Apple and Qualcomm agreed to end a two-year legal battle over billions of dollars of technology licensing fees that had threatened to reshape the chipmaker’s business. Qualcomm’s shares jumped on the announcement.
Apple will make a one-time payment to Qualcomm and the two entered into a multiyear-chip supply and licensing agreement, effective April 1, in which the iPhone maker will pay royalties to Qualcomm, the companies said Tuesday in a statement. All the litigation between the co