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Qualcomm will need to pay over $1.2 billion after the European Commission ruled the semiconductor giant's exclusive LTE modem supply deal for iPhones and iPads broke antitrust rules.
No Qualcomm LTE modems for any iPhone or iPad variants next year? That may have sounded like a far-fetched theory a while ago, but now it's possible.
Qualcomm CEO Steven Mollenkopf strongly believes his company and old-time ally turned bitter legal rival Apple will soon be able to bury the patent hatchet.