As per our previous post, Nokia and Qualcomm are in a recently consolidated legal battle over various mobile phone patents since their licensing agreement expired last April. Nokia just won over some of Qualcomm's arguments.
Here are some of the details from mocoNews.net
By
Tricia Duryee - Thu 28 Feb 2008 10:24 AM PST
Nokia (NYSE: NOK) checks off another win against Qualcomm (NSDQ: QCOM). The International Trade Commission upheld a ruling in one of their many patent battles on Wednesday, Reuters reported. The agency determined there is no need to review a decision issued on Dec. 12 that found that Nokia did not infringe on three Qualcomm patents at issue in the case and that one of the patents is invalid, a Nokia spokeswoman told the WSJ. Qualcomm said it was disappointed with the ruling and had not yet decided whether it would appeal.
Under the Licensing agreement Nokia was paying Qualcomm $500 Million per year in licensing fees, which they were looking to reduce.
We'll update with more details as they become availble.
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