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An update on an earlier post: Qualcomm announced today that it has rejected a $20 million payment from Nokia, and the conditions Nokia attached to the sum, described somewhat tersely as “the accompanying multiple pages of terms.”
Nokia had proposed that the $20 million serve as an advance payment on royalties owed to Qualcomm, to hold it over until June 30. Qualcomm said today that the payment and conditions are “at odds” with the cross-licensing deal the two wireless giants struck in 2001. The companies are negotiating terms to renew that pact, which expired Monday.
The folks at Qualcomm do have a way with words:
Ironically, the royalty rate implied by Nokia’s attempted payment is a mere fraction of the rates that Nokia itself seeks to impose when it attempts to enforce its patents.
What follows is this link to a PDF that discusses Qualcomm’s take on the differing vantages of Nokia the licensee versus Nokia the licensor.