According to Mac Rumors, during its first earnings call of 2024, Qualcomm has stated that Apple has extended its contract with Qualcomm's 5G modem patent till March 2027. Just a year ago, Apple extended this license to 2026 as it faced several ambitious challenges to create its in-house modem. Now after five months, Apple has seemingly decided to add another year to this license agreement likely because it faced several more challenges with its 5G modem design.
The claim is backed up by Qualcomm's CEO Cristiano Amon, who said during an interview with CNBC, “We are very happy with the relationship with Apple right now, and we will continue to be supplying modems to them”. Apple has not yet commented on this recent extension. Apple has its own earnings calls later today which may confirm the statement.
