Patent issue Qualcomm costs Nokia 1.7 billion

The lingering legal battle between Nokia and Qualcomm has been settled. The Finns will pay 1.7 billion euros over the next fifteen years for the use of technology developed by Qualcomm. The agreement also applies to network company Nokia Siemens. Mobile manufacturer Nokia pays 1.7 billion euros to Qualcomm for the next fifteen years

The lingering legal battle between Nokia and Qualcomm has been settled. The Finns will pay 1.7 billion euros over the next fifteen years for the use of technology developed by Qualcomm. The agreement also applies to network company Nokia Siemens.

Mobile manufacturer Nokia pays 1.7 billion euros to Qualcomm for the next fifteen years. With the amount, the Finns settle a tragic conflict with the American company, which developed much of the technology used by Nokia. This concerns technology in the field of GSM, edge, HSDPA, or DM, CDMA, WCDMA, TLE and WiMAX.

This technology may now also be used in the network equipment of network supplier Nokia Siemens. Moreover, Nokia transfers some patents to Qualcomm and the Finns withdraw their antitrust complaint to the European Commission.

Settlement

In July 2008, the two fighters already announced that they would cease their legal battle, which had been raging since the beginning of 2007, and to reach a settlement. However, it was not yet known how much money was involved in the settlement.

Nokia uses in its products technology whose patent lies with Qualcomm. However, the companies did not come out of negotiations about the renewal of the agreement. Since that time, the companies have taken legal action back and forth. For example, in December 2007, a US court ruled that Nokia did not infringe Qualcomm's patents. That statement again led to a new indictment.