Nokia Ends Spat With Kyocera

The companies sign a patent licensing agreement that will end a series of disputes.
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Nokia

(NOK) - Get Report

and Japan's

Kyocera

(KYO)

signed a patent licensing agreement that will end a series of disputes over mobile phone products that goes back nearly two years.

With the agreement, Kyocera received a license to patents dealing with the CDMA, PHS and PDC standards. Kyocera will pay royalties to Nokia for all of its CDMA mobile phone and module products.

"Reciprocally, Nokia is licensed under all of Kyocera's essential patents, and some additional patents, relating to all standards and covering all Nokia mobile phone, module and infrastructure products," Nokia said in a press release Tuesday.

The companies' disputes started in February 2004. The agreement resolves all of the pending litigation between the companies.

The American depositary shares of Finland's Nokia were down 26 cents at $19.24. Kyocera, a maker of electronic components, industrial ceramics and telecom equipment, was losing 22 cents to $81.40.