English
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.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
Breaking News
- Rambus Reports Fourth Quarter and Fiscal Year 2024 Financial Results
- CoMira Solutions unveils its new 1.6T Ethernet UMAC IP
- intoPIX Unveils Cutting-Edge AV Innovations at ISE 2025
- RISC-V in Space Workshop 2025 in Gothenburg
- Dolphin Semiconductor strengthens its governance with two key Board appointments
Most Popular
- Intel Halts Products, Slows Roadmap in Years-Long Turnaround
- UK Space Agency Awards EnSilica £10.38m for Satellite Broadband Terminal Chips
- EXTOLL collaborates with BeammWave and GlobalFoundries as a Key SerDes IP Partner for Lowest Power High-Speed ASIC
- RaiderChip unveils its fully Hardware-Based Generative AI Accelerator: The GenAI NPU
- Celestial AI Announces Appointment of Semiconductor Industry Icon Lip-Bu Tan to Board of Directors