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Qualcomm CEO Expects Apple to Settle

Zara Ali - July 18, 2017 - 08:39 AM
Qualcomm CEO Expects Apple to Settle
Qualcomm CEO Steve Mollenkopf said in an interview that Apple may finally settle the dispute.

(CCM) — Qualcomm and Apple have been locking horns over legalities. A few months ago, Qualcomm slammed a lawsuit on Apple over unpaid patent loyalties. The lawsuit asked for a temporary ban on Apple products that used Qualcomm’s patents. Apple used Qualcomm's expertise in hardware and software performance on its products, which also included battery efficiency.

In the latest development on the issue, Qualcomm CEO Steve Mollenkopf said in an interview that the dispute between the two companies might soon be resolved. Mollenkopf also mentioned that Qualcomm had a similar issue with another company in the 2000s, and they had to settle. In a statement given to Fortune, Mollenkopf said: "This’ll be no different. Those things tend to get resolved out of court, and there’s no reason why I wouldn’t expect that to be the case here… That’s really the way that it works."

Qualcomm expects that Apple will not drag the case for too long, considering that both the companies are bound by contract. Further, fighting the lawsuit will also be a financial burden on both companies. Keeping all the factors in mind, Qualcomm's CEO seems confident that Apple will ultimately settle the lawsuit or pay the dues.

Image: © Qualcomm.
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