Apple did not say how its use of TomTom would compare to its previous use, but TomTom shares fell after the news.
Apple, Samsung settle US patent dispute
Apple said it is completely rebuilding its Maps app - the most frequently used app on its iPhones - with data gathered by its own fleet of sensor-equipped vans and with anonymous data from iPhone users that choose to share it.
Apple said it will start the rollout this fall with new maps of Northern California.
TPL Maps signs MoU with w3w to improve navigation
Technology publication TechCrunch reported Apple’s mapping effort earlier on Friday. After the story was published, TomTom shares fell as much as 5 per cent from session highs before closing the day down 1.7 per cent from the previous day at 7.76 euros.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ