April 19, 2019
After more than two years of litigation, Apple and Qualcomm settled on April 16. The deal bore good news for Qualcomm; the company’s stock jumped more than 35 percent on the announcement.
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The announcement that shook the tech world last week immediately brightened Qualcomm Inc.’s future.
The end of a royalty dispute that bogged down Qualcomm Inc., one of San Diego’s largest employers, looks to be a win for the region.