Financial Times FT.com

Qualcomm hails Nokia settlement

By Chris Nuttall in San Francisco and Rob Minto in London

Published: July 24 2008 20:44 | Last updated: July 24 2008 20:44

Qualcomm on Thursday hailed a new technology cross-licensing agreement with Nokia as a major boost for the wireless industry.

The 15-year deal put an end to extensive litigation between the world’s leading wireless chip producer and the largest handset maker, opening up use of each other’s patents in 2G, 3G and future 4G technologies.

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