Published: Sep 12, 2023, 06:25 IST | Updated: Sep 12, 2023, 06:25 IST
Business & Economy Sep 12, 2023, 06:25 IST
Qualcomm to supply modem semiconductors for Apple through 2026
Since Apple's ambitious endeavour to create the chips in-house is taking longer than planned, the company has extended its arrangement to buy modem semiconductors from Qualcomm for three more years. The announcement caused a sharp increase in Qualcomm's stock price.