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Qualcomm and Apple Settle Worldwide Litigation and Enter into License Agreement and Chipset Supply Agreement

On April 16, 2019, Cravath client Qualcomm announced an agreement with Apple to dismiss all litigation between the two companies worldwide, with a settlement that includes a payment from Apple to Qualcomm. The companies also reached a global six‑year license agreement, effective as of April 1, 2019, including a two‑year option to extend, and a multiyear chipset supply agreement.

Cravath has represented Qualcomm in high‑stakes disputes and investigations around the world relating to the company’s patent licensing and modem chipset businesses.

The Cravath team representing Qualcomm in connection with the litigation and the settlement agreement included partners Evan R. Chesler, Richard J. Stark, Antony L. Ryan, Gary A. Bornstein, J. Wesley Earnhardt, Yonatan Even and Vanessa A. Lavely. The Cravath corporate team representing Qualcomm on the commercial terms of the settlement agreement, and on the license agreement and the chipset supply agreement, included partners David J. Kappos, George E. Zobitz, Ting S. Chen and Sasha Rosenthal-Larrea.