Qualcomm patent licenese will cost Samsung 1.3 billion

In order to use Qualcomm's CDMA, WCDMA and OFDMA patents, Samsung will have to dish out $1.3 billion has recently announced an agreement with Qualcomm, according to which it will pay $1.3 billion over the next 15 years up front. Samsung and Qualcomm have come to this agreement and have also agreed for Samsung to pay additional royalties afterwards. .

It has also been reported that the deal signed between Samsung and Qualcomm was “under the most favorable conditions”.

via: Samsung will pay $1.3 billion for Qualcomm patent licenses » Unwired View