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Nokia Makes Payment to Qualcomm

Espoo, Finland-based handset maker Nokia Corp. announced April 5 that it paid chipmaker Qualcomm Inc. $20 million for patent licenses to cover the second quarter of 2007.

A cross-licensing agreement between the two groups expires April 9. According to Nokia, this payment does not extend the companies’ licensing agreement and is unrelated to the old agreement.

Nokia and Qualcomm are involved in a complicated, international legal battle before several courts and government bodies. On April 2, Qualcomm sued Nokia in two U.S. courts, alleging Nokia had infringed five Qualcomm patents.

Nokia said it views the recent $20 million payment as “fair and reasonable compensation for the use of relevant Qualcomm essential patents in Nokia handsets” for the second quarter.

San Diego-based Qualcomm is traded on the Nasdaq as QCOM and closed on April 4 at $43.65, dropping 6 cents from the previous day’s close.

, Andy Killion

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