FACTBOX: Qualcomm, Nokia end 3-year patent battle

Thu Jul 24, 2008 6:06am BST
 
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HELSINKI (Reuters) - The world's largest handset maker Nokia (NOK1V.HE) and U.S. technology firm Qualcomm Inc (QCOM.O) have settled a 3-year, three-continent legal battle over patent licenses and royalties for the next 15 years.

Following are major events in a long-running row that has cost the companies tens of millions of dollars in legal fees and has worried investors on both sides of the Atlantic.

For related story ID:nN23464819

THE 15-YEAR AGREEMENT

* Nokia gets license to all Qualcomm patents for use in Nokia phones and Nokia Siemens Networks NSN.UL infrastructure equipment. Qualcomm gets access to Nokia patents.

* The deal covers all key mobile technologies, including GSM, EDGE, CDMA, WCDMA, HSDPA, OFDM, WiMax and LTE.

* All litigation between the companies will end, and Nokia will withdraw its complaint to the European Commission.

* Nokia will make an up-front payment and will continue to pay royalties to Qualcomm.

* Nokia sells a number of patents to Qualcomm, including patents declared as essential to WCDMA, GSM and OFDMA.  Continued...

 

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