SAN FRANCISCO: Qualcomm said on Monday (Sept 11) it had signed a deal with Apple to supply 5G chips until at least 2026, at a time when the iPhone mak...
Qualcomm is the leading designer of modem chips that connect phones to mobile data networks. – AFPpicQualcomm said on Monday it had signed a deal with Apple to supply 5G chips until at least 2026, at a time when the iPhone maker faces increased challenges in China and looks to reinforce its supply chains elsewhere.
That supply agreement ends this year, meaning that the iPhones that Apple is expected to announce on Tuesday would be the last phone debut under that deal. Qualcomm also said a patent licensing deal it signed with Apple in 2019 remains in place. That deal expires in 2025, but the companies have an option to extend it for two years.
Apple is working on its own modem technology and spent US$1 billion to buy Intel's modem unit in 2019. Apple has not said how quickly it plans to ramp up the use of its own chips.