Kyocera and Nokia today buried the hatchet on a long-running intellectual property dispute with the announcement of a patent licensing agreement.

Under the terms of the deal, Kyocera is licensed under Nokia's essential patents, and some additional patents, relating to the CDMA, PHS and PDC standards.

Kyocera will pay royalties to Nokia for all its CDMA mobile phone and module products, which are sold primarily in the US market.

Reciprocally, Nokia is licensed under all of Kyocera's essential patents, and some additional patents, relating to all standards and covering all Nokia mobile, module and infrastructure products.

The firms have been involved since February 2004 in a series of disputes relating to mobile phone products.

This agreement, according to a statement from Kyocera, resolves all pending litigation between the parties "without contingencies of any kind".