Nokia set to pay Qualcomm $2.3bn in patent deal
John Walko, EE Times
(10/16/2008 10:19 AM EDT)
LONDON — Hidden away in Nokia's third quarter results was confirmation that the Finnish handset maker will pay Qualcomm Inc. Euros 1.7 billion ($2.3 billion) as part of the patent agreement between the companies.
Until now, the exact size of the payment has not been revealed.
The agreement reached in July ended a long-running dispute between the companies, granted Nokia a licence under all Qualcomm's patents for use in Nokia's mobile devices and Nokia Siemens Networks infrastructure equipment.
(10/16/2008 10:19 AM EDT)
LONDON — Hidden away in Nokia's third quarter results was confirmation that the Finnish handset maker will pay Qualcomm Inc. Euros 1.7 billion ($2.3 billion) as part of the patent agreement between the companies.
Until now, the exact size of the payment has not been revealed.
The agreement reached in July ended a long-running dispute between the companies, granted Nokia a licence under all Qualcomm's patents for use in Nokia's mobile devices and Nokia Siemens Networks infrastructure equipment.
To read the full article, click here
Related Semiconductor IP
- Zigbee Transceiver PHY
- Data Flow Architecture IP
- AMBA SPI Controller MRAM Controller
- Ethernet MAC
- Protocol Bridges
Related News
- Qualcomm Files Patent Infringement Complaints against Meizu in China
- Qualcomm Signs 3G/4G China Patent License Agreement with vivo
- Nokia expands patent litigation against Apple in Asia, Europe and the US
- Qualcomm Booking $4.5B in Apple Deal