According to a Fortune report on Tuesday, Qualcomm CEO Steve Mollenkopf said during the Brainstorm Tech conference in Aspen, Colorado, that "those things tend to get resolved out of court and there's no reason why I wouldn't expect that to be the case here."
He was comparing the dispute with Apple to earlier fights Qualcomm has had with other tech companies that were settled out of court.
Mollenkopf, however, added he didn't have any specific news announcing a settlement was on the way.
"I don't have an announcement or anything so please don't ask," he told the gathering.
Earlier in July, Qualcomm asked the US authorities to ban imports of some iPhone and iPad models.
Qualcomm filed a complaint with the US International Trade Commission, accusing Apple's iPhones and iPads of infringing six of its mobile patents.
Qualcomm said all iPhones and iPads that contain competing mobile communications chips should be barred from the country.
Apple responded to this, saying that the company had tried to negotiate before suing and that Qualcomm is abusing its position.
In April, Apple stopped paying royalties to contract manufacturers for phone patents owned by Qualcomm over an "unresolved issue".
Apple reportedly stopped paying royalties starting with devices sold during the March quarter.
Qualcomm is one of the world's biggest provider of mobile chips and derives revenue majorly from licensing that technology to hundreds of handset manufacturers and others.
The US chip manufacturer had lambasted Apple for breaching deals between the two companies and urged that the lawsuit filed in January against them by the iPhone maker should be rejected.
Qualcomm also accused Apple of harming its business and sought unspecified damages.
Apple sued Qualcomm in January for nearly one billion dollars over royalties, with the Cupertino-based tech giant alleging the wireless chipmaker that it did not give fair licensing terms for its processor technology.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.