Apple pays $7.50 to Qualcomm for each iPhone [telecom]

BY Cathy Guerrero In It&Software - Jan 18, 2019

As a result of Qualcomm's CEO, Steve Mollenkopf, turning down Apple, the company had to turn to Intel and request that Intel handle all of the LTE chips for the iPhones launched past year.

But Qualcomm paints the payment quite differently: it says that Apple insisted on the $1bn payment as an "incentive" and to cover the costs of switching to its radio modem chips from Infineon to Qualcomm in its new phone designs.

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