In a recent interview, Steve Mollenkopf, the CEO of Qualcomm, talked about the company’s current relationship with the Cupertino based giant, Apple. The two companies had fought a legal battle but the senior Qualcomm official feels that the relations are “much more natural now.”

For those unaware, Apple had accused Qualcomm of ‘double dipping’ (basically making Apple pay for the sale of chips and its patent license, which is illegal in some cases) and the iPhone maker then proceeded to withhold any payments to the known chipmaker. However, while the accusations had landed both sides to the court, the two sides announced a massive settlement at the very last minute right before the trial actually began. This deal as Mollenkopf puts it, made the relationship between the two companies much more natural.

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The Qualcomm CEO further added that “the discussion is really about products and how do we launch products as fast as possible. It’s much more natural.” Notably, Apple is expected to bring 5G networking to the iPhone 12 lineup through Qualcomm modems, so this might be a step towards better cooperation between both sides in the future. The interview was taken by Bloomberg and had Steve Mollenkopf also discuss the effects of the Coronavirus pandemic.

According to the CEO, Qualcomm “saw a pretty substantial drop in the China market. In the month of February, it really dropped pretty significantly. But what was surprising, it actually rebounded pretty quickly as well. It took about five weeks for it to correct itself and get back to a level of sell-in that’s not too different from what it was a year ago. In the process of doing that, it actually transitioned more of the phones as a percentage to 5G.”

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There are numerous disputes and legal battles that are going on between Qualcomm and Apple after a feud happened last year in October. Since then, both the giants have boycotted each other and Apple has suspended the use of their modems in iPhone. Recently, Apple launched new iPhone models with a chip made along with Intel, they have purely sidelined Qualcomm. As per stats, 50 separate cases are pending in 16 different jurisdictions over in six countries.

Well, amid tensions, Qualcomm has given some good news about starting new cooperation with Apple again. In a TV show over at CNBC, Qualcomm CEO, Mollenkopf has said that the company is “on the doorstep” of resolving the disputes with Apple. At the same show speaking to Cramer, Mollenkopf added that they still “talk as companies” despite the tensions.

At last Qualcomm CEO churned out those golden words of a settlement with Apple – like this year or early next year. In actual words, Mollenkopf said, “We’ve always talked about — I’ve been very consistent — that … the second half of this year and into next year is when we’re really on the doorstep of finding a resolution and we don’t see anything different than that.”

Defying the earlier reports of non-settlement between both the companies, the new statement has given birth to new expectations. Instead of a lengthy trial, it seems they have found a way in between and have cooperated mutually without any significant loss.

Taking about 5G technology, CEO said Qualcomm would “love to work with Apple.” Official words go as follows, “I think there’s always an opportunity and a risk when you have these big G transitions, or the generations of wireless change,” he told Cramer. “It’s the opportunity to either be left behind or to make sure that you’re part of that new generation. Of course, we work with everybody. We would love to work with Apple.”

Overall, this is good news for both the companies, as they seem to have resolved the conflict without proceeding further for legal battles which would have cost them more with wastage of time.

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We expect Qualcomm to integrate their 5G compatible modem in the upcoming iPhone models in 2020, as no time is left for the 2019 iPhone models.

So, how do you rate this resolution between both the giants? Share your thoughts via comments below.

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