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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: hedgefund who wrote (62087)	4/5/2007 3:44:06 PM
From: Rick	Respond to of 197247

Nokia pays Qualcomm $20 million for 3G patents Qualcomm calls payment 'nominal'; files arbitration claim for full amount By Aude Lagorce & Dan Gallagher, MarketWatch Last Update: 3:28 PM ET Apr 5, 2007 SAN FRANCISCO (MarketWatch) -- Nokia Corp, the world's largest mobile-phone maker, on Thursday said it has paid chipmaker Qualcomm, Inc. $20 million for the use of third-generation patent licenses in the second quarter. Qualcomm, however, dismissed the amount paid by Nokia as "nominal" and filed an arbitration demand seeking to force Nokia to pony up the full amount due under the current agreement between the two companies, which expires on Monday. The move is an escalation of an increasingly nasty legal battle between the two companies over patents and licensing fees. 3:25pm 04/05/2007 marketwatch.com