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Samsung inks licensing deal with Qualcomm Thursday 5 November 2009 | 02:02 PM CET
 
Samsung Electronics will pay USD 1.3 billion and royalties to mobile semiconductor manufacturer Qualcomm under a new fifteen-year licensing contract. Samsung will make the advance payment for the use of Qualcomm's licences in wireless technology including CDMA. The company will also grant Qualcomm the right to use Samsung's 57 patent licences in mobile technology. The technology in the cross-licensing contract includes 4G wireless technology used in handset devices and base stations.
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