Qualcomm and Nokia: Eternal enemies
By Stefan Constantinescu on Tuesday, March 27th, 2007 at 6:53 PM PST In Financial/Corporate News
Qualcomm (NSDQ: QCOM), the dominant supplier of chips for phones based on
CDMA technology, has been in negotiations for months to renew a technology licensing agreement with Nokia (NYSE: NOK), the biggest maker of mobile phones. The agreement expires on April 9, but Qualcomm has repeatedly said discussions remain deadlocked."We’re still talking but I’m still in the same place. I’m not optimistic we’ll come to an agreement by April 9," Jacobs told Reuters on the sidelines of the CTIA wireless conference.
The lawyers are the winners in the end. They bill by the hour you know.
