Saturday, November 21, 2009
Samsung Pay As much as 1.3 billion Qualcomm For Secure Wireless Licenses
Posted by iToonTV at 12:10 PM
Samsung Electronics as one of the mobile handset maker world number 2, says that recently it had agreed on a cooperation contract for the latest 15 years with Qualcomm relating to licensed wireless telecommunications technology.
Samsung to pay down payment of 1.3 billion USD, or about 13 trillion rupiah to Qualcomm's patents for the use of American companies to generation wireless technology 3 and 4, as a statement that the Korean company said. The deal also involves the payment of royalties to walk, but the Samsung failed to provide specifications.
Qualcomm as one of the mobile phone chip manufacturers in the world, have their own patents for networking technology Code Division Multiple Access (CDMA), the one most widely used wireless network standard in the world.
Mentioned in the contract, the Samsung allows Qualcomm to use 57 patents for Samsung mobile technology, but Samsung will not be paid by Qualcomm for licensing Qualcomm's value higher.
Nokia said the agreement is more favorable than before, but refused to say why. "New deal is better for us", said Nokia spokesman, without elaborating.
Chip producer based in San Diego this welcome extension of the cross-licensing agreement with one of its biggest customers.
"I am also pleased to announce that we recently have extended our licensing agreement with Samsung, which includes both 3G and 4G", said Paul E. Jacobs, chairman and CEO of Qualcomm, in a statement posted on its Web site. South Korea is a major market for Qualcomm as well as countries where Samsung and LG Electronics Inc. and shelter. In addition, as one of the 3 major mobile phone manufacturers the world, with 9 of every 10 South Koreans have at least one handset.
In July 2009, which then, South Korea's antitrust oversight has been fined Qualcomm for EUR 208 million, or approximately 2 triltun dollars for violations of fair competition rules in the country with the use of monopoly abuse on a mobile handset chip market is there.
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