SEOUL, Nov 5 (Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Thursday it would make a $1.3 billion down payment to Qualcomm Inc (QCOM.O) for a wireless telecom license.
The South Korea-based company told the stock exchange in a filing that the contract would last 15 years and would involve another recurring loyalty payment, which it did not specify.
(Reporting by Kim Yeon-hee; Editing by Jonathan Hopfner)
NEW YORK (Reuters) - Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say.
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