Friday, November 6, 2009

Cross License Agreement with Qualcomm

On November 4, 2009, Samsung Electronics signed a cross license agreement with Qualcomm, covering telecommunication patents (CDMA/WCDMA/OFDM).

Details

- Products subject to the agreement : Handsets and base unit products
- Contract amount : USD 1.3 billion plus running royalty
- Contract period : 15 years

*Terms and conditions are confidential.

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