Qualcomm and all other American semiconductor companies were forced to stop selling to the Chinese technology firm in September after US trade restrictions took effect.
Samsung Electronics’ semiconductor manufacturing division has won a contract to make new Qualcomm 5G chips using its most advanced chip-making technology
Qualcomm, the world’s biggest supplier of mobile phone chips, derives most of its profits from a business segment that invents technologies and licenses them.
Qualcomm is already supplying phone makers such as Samsung Electronics with chips for 5G wireless data networks, which are expected to be faster than current 4G and LTE networks
Qualcomm has won certification from Germany’s cyber watchdog for a next generation chip that boosts the security of smartphones
Speaking during Apple's second quarter fiscal earnings call, Cook declined to go into any detail about litigation with Qualcomm.
The deal includes a six-year license agreement with the option to extend for two years, and a payment to Qualcomm from Apple, the companies said.