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Qualcomm surprises with higher-than-expected net income
17 февраля 2007 |
And all eyes are on the patent skirmish between Qualcomm and Nokia. The two are renegotiating a license agreement that expires in April. According to Qualcomm President Steven Altman, it's unlikely the two companies will reach a new deal by the deadline. It appears Qualcomm is ready for a bitter fight. He said the company plans to significantly increase its estimate for legal expenses in the fiscal year to battle what he called an "orchestrated" attack on the way
Qualcomm does business. According to an interview with the Wall Street Journal, Altman said he expects legal costs to exceed $200 million in the 12 months ending in September, up from about $100 million in the prior fiscal year.
FierceWireless
17.02.2007
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