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Apple and Qualcomm settle dispute, paving way for 5G iPhone

Intel pulls out of 5G smartphone chips as iPhone maker commits to rival

The Apple logo is seen outside an Apple store in Bordeaux, France. The legal battle with Qualcomm had hampered the company's entry into 5G.   © Reuters

PALO ALTO, U.S./TAIPEI -- Apple and Qualcomm on Tuesday reached a settlement to end a two-year multibillion dollar battle over patent royalties in a move which almost immediately prompted U.S. chip giant Intel to announce it was pulling out of the 5G smartphone chip market.

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