Qualcomm stock surges after settling long patent dispute with Apple

(Reuters) - Qualcomm Inc on Tuesday won a major victory in settling its wide-ranging legal dispute with Apple Inc, signing a six-year patent licence deal and a supply agreement that could pave the way to getting its modem chips back in the iPhone, which featured only Intel Corp chips last year. The settlement also includes a payment from Apple to Qualcomm, but the companies did not disclose the amount

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