Apple demanded $1 billion to be its chip supplier: Qualcomm
Amid their ongoing patent disputes, Qualcomm CEO Steve Mollenkopf has testified that Apple demanded $1 billion without assuring how many iPhone chips it would buy in 2011. Qualcomm then sought to become Apple's sole supplier but was not aiming to block rivals like Intel, Mollenkopf added. Notably, Qualcomm was fined $1.2 billion in 2018 over paying Apple for chip exclusivity. 