Samsung to pay 1.3 billion US dollars for Qualcomm patents

Samsung logoWhile some companies make their way to the top using others' achievements, there are still ones that are willing to pay for patent licenses without mumbling too much. Like Samsung who have just signed an agreement with Qualcomm, according to which the Korean company will have to pay a fortune for some patents owned by Qualcomm.

That happens just a few weeks after we've found out that Nokia decided to sue Apple for not paying a dime for a dozen of Nokia-owned patents (including ones related to GSM, UMTS and WLAN). Word on the street is that Nokia might get up to billion and a half US dollars if Apple is proven guilty.

Samsung agreed to pay the CDMA patent holder (read: Qualcomm) nearly the same amount, namely 1.3 billion US dollars, in order to get Qualcomm's permission to use its CDMA, WCDMA and OFDMA patents.

That sounds like a fortune and it actually is: that makes approximately 80% of the 2009 net income of Qualcomm (good 1.59 billion US dollars). But as it turns out, this deal is a steal: the fees depend on company and market area, however, Samsung managed to get the lowest price.

Anyway, this is just the amount which is about to be paid in advance and there will be some additional royalties for the next 15 years, but they were not disclosed.

Source: GSMArena

Tags: mobile phones, Qualcomm, Samsung

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
A recent test done charging speeds offered by the Huawei Mate 20 Pro was extremely slow
 
Google has announced that it will start to predict flight delays, using a combination of historic flight information
 
The Huawei P30 and P30 Pro are expected to follow the suit of the regular Mate 20
 
And it’s all possible thanks to a Bing search result
 
Microsoft 365 is a monthly subscription service that includes Windows 10
 
All thanks to Microsoft Flow integration, it seems
 
AI was the hottest trend in 2018, but now 2019 and 5G will be the buzzword
 
A lawsuit was filed on Friday in the US District Court of Northern California by a couple of plaintiffs who accuse Apple of falsely advertising
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
3031     




Poll

Do you use microSD card with your phone?
or leave your own version in comments (11)