Printed from http://www.electronista.com

Samsung renews cell patents with Qualcomm in the US

updated 04:00 pm EST, Mon November 9, 2009

Samsung, Qualcomm renew wireless license

Samsung last week said it has created a new 15-year contract with Qualcomm to use its 3G and 4G wireless technology. Under the terms of the agreement, Samsung will made a down payment of $1.3 billion to Qualcomm along with running royalties, though specifics on these were not disclosed. Samsung will also share its 57 patents for mobile technology with Qualcomm, though it will not be paid for this because Qualcomm's licenses are valued higher.

Samsung also said the new contract is a better deal for the company than the old one, but has not mentioned why. San Diego-based chipmaker Qualcomm is also pleased, as the agreement gives it access to Korea's lucrative cell phone market. [via TelecomsKorea]



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News