Apple Inc. is extending an settlement to get modem semiconductors from Qualcomm Inc. for 3 extra years, an indication that its formidable effort to design the chips in-house is taking longer than anticipated. Qualcomm shares surged on the information. Bloomberg’s Ed Ludlow experiences.
Observe Bloomberg for enterprise information & evaluation, up-to-the-minute market information, options, profiles and extra: http://www.bloomberg.com
Join with us on…
Twitter: https://twitter.com/enterprise
Fb: https://www.fb.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en
