Apple, Qualcomm Settle Bitter Dispute Over iPhone Technology© gadgets.ndtv.com

Apple, Qualcomm Settle Bitter Dispute Over iPhone Technology

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Apple and Qualcomm announced Tuesday that they have settled their yearslong litigation over the use of Qualcomm's chips in Apple's iPhones.

The agreement includes the dismissal of all litigation between the two companies worldwide and includes a six-year licensing agreement and a multiyear supply agreement. According to a statement from the companies, Apple will also make a payment of an unspecified amount to Qualcomm.

The agreement was announced after lawyers for Apple made their opening argument in what was expected to be a three-week trial in a San Diego federal court.