Apple, Qualcomm agree to drop legal disputes between them
Apple and Qualcomm on Tuesday agreed to dismiss all of the legal battles between the two companies around the world.
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Apple and Qualcomm on Tuesday agreed to dismiss all of the legal battles between the two companies around the world.
A $44 billion tech deal just became the latest casualty in the escalating US-China trade war.
Qualcomm says it expects Apple won't put its modem chips in the next generation of iPhones.
The amount of money coming into American companies from overseas fell 32% last year.
President Donald Trump's tariffs on Chinese goods are intended to help American companies that have been hurt by Beijing's industrial policies.
As Washington and Beijing try to resolve their trade disputes, several big companies are caught in the middle.
Qualcomm is axing more than 1,500 jobs across California and an undisclosed number in other parts of the United States and around the world.
China is vital for many top international brands, but doing business there often comes with a high entry fee.
Why did President Donald Trump kill a $117 billion tech takeover? It's all about China and 5G.
The White House has blocked Broadcom's $117 billion bid for Qualcomm due to national security concerns.