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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 138.47

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From: Stan	3/26/2007 7:32:02 PM
	Read Replies (2) of 197675

"We won't pay more." Is this a consession that may break the stalemate? SAN FRANCISCO -- Qualcomm Inc. and Nokia Corp. are engaging in a high-stakes game of chicken, and Nokia's chief financial officer says his company is not about to blink. A longtime agreement under which Nokia pays patent royalties to Qualcomm expires April 9, and executives from both sides have expressed doubt that a deal will be reached by that date. Rick Simonson, Nokia's CFO, vowed that his company "will hold our ground" in pushing for lower royalty rates. "We won't pay more," Mr. Simonson said in an interview Monday. "We expect to pay less." Besides the potential terms of a ... • THE FULL WSJ.com ARTICLE IS ONLY AVAILABLE TO SUBSCRIBERS.• IF YOU ARE ALREADY A SUBSCRIBER, PLEASE LOG IN AT THE TOP RIGHT OF THE PAGE. advertisement online.wsj.com

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