Qualcomm (QCOM) has been left for dead by many investors. Rival Broadcom (BRCM) has won some key intellectual property decisions with the ITC and is also pounding the larger company in the federal court system. Qualcomm’s largest customer, Nokia (NOK) has claims in the courts that the handset chip company charges license fees which are unfairly high and also has violated some of the European company’s patents.
But, US authorities kicked out a case that Nokia had brought against Qualcomm on the licensing dispute between the two companies. Overnight, a court in The Hague "dismissed a patent complaint by the world’s biggest mobile phone maker," according to Reuters.
The court "dismissed the case based on the scope of claims that Nokia had asked, rather than the patent issue itself," Nokia said in a statement. In other words, Nokia will be back in court with a more focused complaint.
But, not every call is going against Qualcomm now, and that is a big change
Douglas A. McIntyre
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