Qualcomm announced Monday that it will now supply iPhone maker Apple with 5G modem chips through 2026. Qualcomm previously agreed to a chip supply deal with the Apple in 2019.
Circle Squared Alternative Investments founder Jeff Sica discusses how China will affect Apple's growth trajectory on 'Varney & Co.'with 5G modem chips until at least 2026, the company announced Monday.
Qualcomm previously agreed to a chip supply deal with the iPhone maker in 2019, after the companies settled a protracted legal battle. Qualcomm has not disclosed the value of the new deal, saying only that the terms are "similar" to its previous agreement.Qualcomm will now build Snapdragon 5G Modem‑RF Systems for smartphone launches in 2024, 2025 and 2026, Qualcomm said.
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