Qualcomm CEO Steve Morenkopf (Steve
Mollenkopf) said today that it will not reveal the cost standards that Apple ultimately supports Qualcomm.Earlier in the day, Qualcomm and Apple jointly announced that they had reached a solution to all trials worldwide, and Apple agreed to pay Qualcomm a patent license fee. The two companies reached a six-year patent license agreement, which entered into force on the 1st of this month, including the extension of the two-year option. In addition, the two sides also reached a multi-year chip purchase agreement.
In response, Moronkopf said in an interview with CNBC tonight that he would not disclose the cost of Apple's final support to Qualcomm. But he is very happy that the two companies can continue to cooperate.
Moronkopf said: "Qualcomm and Apple are two major product companies. It is a natural choice for the two companies to work together and are willing to work together."
As early as 2007, the first collaboration between Qualcomm and Apple was negotiated by Steve Jobs. At that time, Jobs established a friendly relationship with Paul Jacobs, then CEO of Qualcomm. The two agreed that Apple will pay Qualcomm $ 7.50 for each iPhone.
But in 2011, after Cook became CEO, he is said to have found the deal to be "very exaggerated" and to promote audits. According to people familiar with the case, Cook replaced Steve Jobs as CEO in 2011. He found that Apple's payment to Qualcomm exceeded the sum of all other iPhone licensing fees, which is shocking.
After the two companies announced a settlement, Qualcomm's share price, closing Qualcomm shares increased by 23.42% to US $ 70.57, the largest increase of one day since 1999.