Ericsson’s CEO
wants to see a quick resolution to the Nokia-Qualcomm battle:
HELSINKI (Reuters) - Ericsson hopes to see a quick solution in a technology licence dispute between Qualcomm and Nokia before it hurts the whole wireless industry, Ericsson's chief executive was quoted as saying on Wednesday.
A major cross-licensing agreement over technology patents between U.S. chip maker Qualcomm and Nokia expired partly on Monday, and their increasingly bitter battle is worrying investors and the industry on both sides of the Atlantic.
"I hope that the parties can reach some kind of agreement as soon as possible, patent fees cannot become an obstacle for the development of this industry," Ericsson Chief Executive Carl-Henric Svanberg was quoted as saying to Finnish news agency Startel.
Does Svanberg fear uncertainty? Does he want peace? Apparently not:
”Patent payments in the industry are split in a wrong way. Traditional and larger players, like Qualcomm, can demand too high payments while others don't get even what they deserve,” Svanberg was quoted as saying.
My translation: “We want Nokia to win, and hope it’s soon, but aren’t willing to help.” I wonder if the story of the
Little Red Hen has been translated into Swedish?
Technorati Tags: Nokia, patents, Ericsson, Qualcomm
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