Qualcomm says licensing deal with Nokia unlikely
From the Associated Press
Qualcomm Inc. reiterated that it was not optimistic about renewing an agreement to license its technology to Nokia Corp. before it expires in April.
The remarks by Qualcomm President Steven Altman to investors and analysts in London came less than two weeks after the San Diego-based wireless technology company said it was making little progress in talks with Finland’s Nokia, the world’s biggest cellular handset maker.
Qualcomm is a pioneer of CDMA, or code division multiple access technology, which is used by many major wireless carriers.
