Financial Times FT.com

Qualcomm hails Nokia settlement

By Chris Nuttall in San Francisco and Rob Minto in London

Published: July 25 2008 03:00 | Last updated: July 25 2008 03:00

Qualcomm yesterday hailed a new technology crosslicensing 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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