Nokia and Qualcomm: say “no” to disputes (World)Nokia and Qualcomm after a long-running dispute over patent has finally reached a settlement where Nokia has been granted a 15-year license to various Qualcomm mobile technology for use in it’s handsets. The agreement includes standards like GSM, EDGE, CDMA, WCDMA, HSDPA, OFDM, WiMAX, LTE and others.
As a partr of the deal, both parties will have to withdraw all litigations and Nokia has to withdraw its complaints to the European Commission over Qualcomm. Nokia agrees not to useany patents against Qualcomm which in turn will enable Qualcomm to integrate Nokia’s technology into Qualcomm’s chipsets.
The financial structure of the settlement includes an up-front payment and on-going royalties payable to Qualcomm. Nokia has also agreed to assign ownership of a number of patents to Qualcomm, including patents declared as essential to WCDMA, GSM and OFDMA. The specific terms of the settlement were not disclosed. Nokia said the “positive financial impact” was within its previous expectations and it expects the deal will be positive for the entire industry.
