Qualcomm: we sought iPhone modem exclusivity since Apple wanted $1 billion 'incentive' payment to switch

Qualcomm's modem exclusivity lawsuit against Apple is the gift that keeps on giving when it comes to revealing the inner workings of supplier deals and technology licenses. The latest nugget of info that comes from Reuters thanks to the testimony of Qualcomm's CEO Steve Mollenkopf is that Apple demanded no less than a cool billion for using the X-series modems of Qualcomm in future iPhones.

Since the negotiating team from Cupertino didn't specify a guaranteed number of modems Apple will be ordering from Qualcomm, the chip maker was forced to pursue the infamous exclusivity ...

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