Finnish telecommunications equipment maker Nokia Corp. Thursday said it will pay $20 million to chipset maker Qualcomm Inc. to cover patent licenses in the second-quarter of 2007. The companies have been embroiled in a series of lawsuits against each other concerning intellectual property rights and patent infringements, but Nokia says Thursday's payment is unrelated to those disputes. It says it's willing to pay fees for this new license, which relates to the European Telecommunication Standardization Institute.

Posted by GEN-ERIC at 02:52:23 am into the following categories: In The News

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