Qualcomm to continue supplying Apple with chips despite $1B lawsuit

Citing sources familiar with Qualcomm's plans, Re/code reports that while Qualcomm is mulling a countersuit against Apple, it is not looking to end or suspend business relations with the iPhone maker. That means the chipmaker will continue to supply Apple with a steady stream of mobile modems even as legal proceedings progress behind the scenes. Apple hit Qualcomm with a $1 billion lawsuit on Friday, saying the chipmaker had improperly withheld rebates in retaliation for Apple’s complaints to regulatory authorities in the U.S. and elsewhere.