Qualcomm Renews Patent Deal with Apple Ahead of New Agreement
Qualcomm Incorporated has announced the renewal of its global patent license agreement with Apple. The new deal will take effect on April 1, 2027, according to a statement from Qualcomm. This means that the agreement between the two tech giants will continue for another period.
The news comes as Qualcomm stock traded at EUR 164.29 in weekend trading on October 3, 2026, with no change from the previous close of EUR 164.29 at Lang & Schwarz on October 2, 2026. The price remained unchanged throughout the weekend session.
Qualcomm also announced a separate agreement with Amazon on September 8, 2026, for customized silicon and optical connectivity solutions for AI data centers. This collaboration is expected to contribute to the company's growth in the emerging fields of artificial intelligence and data storage.