Qualcomm buries the hatchet with LG
 

Qualcomm has buried the hatchet with LG after the smartphone vendor agreed to pay more for its chips.

LG said the dispute with Qualcomm has been completely settled, although it did not say how much it had agreed to pay. Earlier it had claimed Qualcomm had overcharged for the chips under a licensing contract.

The news about the lawsuit settlement emerged following Qualcomm's profit forecast for the second quarter in January, which was below what Wall Street's tarot readers had predicted.

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