Apple and American microchip maker Qualcomm said Tuesday they have consented to "reject all prosecution" against one another worldwide in what had been a rambling fight over sovereignty installments.
The very late settlement cut off a court conflict between the tech goliaths similarly as it was getting in progress in California.
For a long time, the organizations had battled a multi-front fight that could have required Qualcomm to pay billions.
The news sent Qualcomm's stock value taking off more than 23 percent on Wall Street, its best one-day execution in almost 20 years.
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