Qualcomm, Nokia to Seek Third Party Arbitration to Settle Licensing Dispute

Qualcomm and Nokia are considering third party arbitration to resolve a long-running dispute involving licensing agreements for various Qualcomm technologies. The current agreement is set to expire in April, yet both companies are not ready to announce an agreement. This may be the only way both companies can resolve this situation as the acrimonious dispute has led to Nokia shutting down their CDMA division and the dissolution of their joint venture CDMA development agreement with Sanyo led to their withdrawal of the American CDMA market. This does not bode well for Qualcomm as they are also involved in patent disputes with Broadcom, as well as facing probes into competitive practices by European and South Korean regulators.