Qualcomm CEO sees no immediate settlement with Nokia

Qualcomm CEO Paul Jacobs is not optimistic about resolving a licensing dispute with Nokia, a Reuters report said.

The Reuters report said Qualcomm, the dominant supplier of chips for phones based on CDMA technology, has been in negotiations for months to renew a technology licensing agreement with Nokia, the biggest maker of mobile phones.

The agreement expires on April 9, but Qualcomm has repeatedly said discussions remain deadlocked, the report said.

'We're still talking but I'm still in the same place. I'm not optimistic we'll come to an agreement by April 9,' Jacobs was quoted by the Reuters report on the sidelines of the CTIA wireless conference.

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