Qualcomm, Nokia End Patent Fight

Qualcomm, Nokia Reach Deal to End Fight Over Patents Word Count: 614 | Companies Featured in This Article: Qualcomm, Nokia Qualcomm Inc. and Nokia Corp. said they agreed to end their legal battles, a deal that could bring big benefits to both companies and affect other players in the cellphone industry. The companies didn't disclose financial details of the settlement. But they described it as a 15-year agreement that includes Nokia making an up-front payment as well as on-going royalties to Qualcomm. More broadly, the deal suggests that Nokia -- the world's largest maker of cellphones by volume -- could turn from Qualcomm's biggest adversary into a potential customer for its chips. "This is a landmark deal," said Timothy... [read full story]