Nokia-Qualcomm Truce: Bad News For Motorola
Nokia and Qualcomm buried the hatchet this week, deciding to settle matters out of court and become friends. While the details of the settlement aren’t clear - The Wall Street Journal reports that as a result of this settlement, Nokia will pay less to Qualcomm. The deal ensures that Qualcomm continues to get money in the 4G era regardless of technologies - WiMAX and LTE.
The deal also paves way for Nokia to aggressively chase the US CDMA opportunities. The company has been desperately trying to get a toehold in the US, but has failed to get carriers to cozy up to its handsets. AT&T will introduce five Nokia phones this year, but it is the CDMA where Nokia can have an impact.
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