Nokia and Qualcomm Bury The Hatchet

For over three years, on three continents, the battle has raged.  Nokia and Qualcomm have fought over the patent landscape in the cell phone industry.  Now they have decided to bury the hatchet and reach a settlement.  This should be particularly good news for Qualcomm who has been involved in several high profile patent suits over the last few years, including a bruising brawl with Broadcomm.  It is less of good news for the armies of attorneys that they have employed around the globe.  Few of the public, or economists, for that matter, over overly stressed by attorney layoffs.  Certainly there is a neither battle in some other industry.

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