Featured Articles

IDC says PC market is rebounding

IDC says PC market is rebounding

Research firm IDC has published its latest report into the state of the PC market and while there are some signs…

More...
TSMC steps up development of 10nm process

TSMC steps up development of 10nm process

TSMC, the world’s biggest chip foundry for hire, has reportedly stepped up development of its 10nm manufacturing process.

More...
Broadwell 14nm desktop comes late in Q2 2015

Broadwell 14nm desktop comes late in Q2 2015

A while ago we mentioned that Broadwell won’t show up in the desktop space this year and we got it right.…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
EVGA GTX 780 Classified reviewed

EVGA GTX 780 Classified reviewed

The EVGA GTX 780 Classified has been dethroned as the company’s fastest non-Titan card following the introduction of the GTX 780…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 24 July 2008 07:21

Qualcomm and Nokia settle their feud

Written by David Stellmack

ImageImage

Nokia Agrees to pay Royalties


After three years of battling each other, Qualcomm and Nokia have entered into an agreement to end their feud after Nokia agreed to make an upfront royalties payment as well as to continue to pay ongoing royalties to U.S.-based Qualcomm, Inc.

The 15-year term agreement also gives Nokia license rights to use Qualcomm's patents in its phones and Nokia Siemens Networks infrastructure equipment. In reciprocation, Qualcomm has the right to use Nokia’s technology in Qualcomm’s chipsets and Nokia has assigned ownership of several key patents to Qualcomm. This includes patents that are an essential part of the WCDMA, GSM and OFDMA wireless technology standards and cover additional standards including EDGE, CDMA, HSDPA, WiMAX, LTE and other technologies.

Nokia also announced that as part of the settlement agreement it will withdraw an anti-competitiveness complaint filed with the European Commission against Qualcomm. Now that the companies have decided to play nicely with each other Qualcomm’s shares rose 15 percent in late trading.

Some analysts declared Nokia the victor, as it agreed to pay lower royalty rates than it had previously been paying Qualcomm under their previous agreement. The consensus among analysts, however, is that the agreement will provide stability between two of the world’s heavyweights in the mobile phone industry.

Nokia’s CEO, Olli-Pekka Kallasvuo, issued the following statement: "We believe that this agreement is positive for the industry, enabling the market to benefit from innovation and new technologies. The positive financial impact of this agreement is within Nokia's original expectations and fully reflects our leading intellectual property and market positions."

Qualcomm’s CEO, Dr. Paul Jacobs, shared his enthusiasm: "I'm very pleased that we have come to this important agreement. The terms of the new license agreement, including the financial and other value provided to Qualcomm, reflect our strong intellectual property position across many current and future generation technologies. This agreement paves the way for enhanced opportunities between the companies in a number of areas."

Last modified on Thursday, 24 July 2008 08:09

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments