US mobile chipmaker Qualcomm on Wednesday said it expects a windfall of US$4.5bil (RM18.6bil) to US$4.7bil (RM19.41bil) this quarter from its recent settlement with Apple in a royalty battle.
Qualcomm factored the additional revenue into a forecast in its latest earnings release, saying the money would be a payment "from Apple and the release of our obligations to pay or refund Apple and the contract manufacturers certain customer-related liabilities."
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