Samsung renews cell patents with Qualcomm in the US

11 November 2009 | 25 views
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Samsung renews cell patents with Qualcomm in the US
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....
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