Apple extends 5G modem contract deal with Qualcomm till 2027
It would take a while before we see Apple's own 5G modem being used in its products.
#apple #qualcomm #5gmodem
Qualcomm CEO Cristiano Amon revealed during an analyst call that Apple had extended the patent licensing agreement through March 2027.
Apple has extended its 5G modem contract deal with Qualcomm.
CNBC reports that Qualcomm CEO Cristiano Amon revealed in a call with analysts that its patent licensing agreement with Apple has been extended through March 2027.
Both companies announced a renewal of the modem supply agreement in September last year, which saw an extension through 2026 with Qualcomm supplying 5G modems to Apple.
However, a Bloomberg report in November 2023 claims that Apple is likely to miss its target of shipping a 5G modem by spring 2025. The delay is reportedly due to development issues of the 5G modem such as lack of mmWave support and frequent breakdowns.
Apple's in-house development of the 5G modem has been described as "another key strategic transition" and a long-term strategic investment by senior vice president of hardware technologies Johny Srouji. Given this new extension, it's fair to say that this transition seems to take a bit longer than the company had initially expected.
Source: CNBC
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