Thursday, April 18, 2019

Qualcomm settlement with Apple paves way for Huawei dispute -analysts

Qualcomm settlement with Apple paves way for Huawei dispute -analystsQualcomm Inc's surprise settlement of a prolonged legal fight with Apple Inc paves the way for the chipmaker to resolve a similar dispute with China's Huawei Technologies Co Ltd, ahead of the launch of 5G phones, several analysts said. Shares of Qualcomm, which closed up 23 percent on Tuesday, rose another 10 percent in premarket trade on Wednesday after it signed a six-year patent license deal with Apple. If Wednesday's gains hold, Qualcomm would tack on more than $20 billion in market value since announcing the settlement.




from Yahoo News - Latest News & Headlines https://yhoo.it/2IBI7FG

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