Thursday, February 1, 2024

Apple and Qualcomm extend 5G modem deal through 2027

Qualcomm shared its Q1 2024 earnings report which revealed $9.92 billion in revenues and $2.77 billion in net income, both of which surpassed earlier estimates. During the earnings call, Qualcomm CEO Cristiano Amon revealed another interesting fact - Apple and Qualcomm have extended their 5G modem licensing deal through March 2027. In our QTL business, we're pleased to share that we recently extended several key license agreements. First, Apple exercised its unilateral option to extend its global patent license agreement for an additional 2 years, taking the existing agreement through to...



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