Apple Plans to Replace Qualcomm Modems in the Rest of Its iPhones With Apple Modems - the Information
Tech giant Apple is reportedly working on a plan to replace Qualcomm modems in the rest of its iPhones with its own modems, according to a Friday report by The Information. This move could potentially reduce the patent fees that Apple currently pays to Qualcomm.
Apple's plan has been developing quietly behind the scenes. The switch to Apple's own modems in its iPhones could bring about a significant change in the company's operations and costs. As of now, the specific details about the timeline and the process of this transition are not disclosed.
Qualcomm shares dropped 0.6% in premarket trading.
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