Monday, February 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Has A Gear VR Competitor In The Works: report
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
Following Outcry, Twitter's Dorsey Says Live Tweets Are Here To Stay
Samsung Files Patent For A Vein-authentication System On A Smartwatch
BlackBerry Cuts 200 Jobs To Trim Costs
Taiwan Earthquake Temporarily Suspended TSMC's And UMC's Production
Samsung Loses Memory-Chip patent Trial Against Nvidia
Twitter Suspends Accounts To Combat Extremism
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > Mobiles > Nokia E...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, June 14, 2011
Nokia Enters Into Patent License Agreement with Apple


Nokia said on Tuesday it had ended a legal battle with Apple, which will pay an undisclosed one-off fee and ongoing royalties to the Finnish firm.

Nokia signed a patent license agreement with Apple, which will result in settlement of all patent litigation between the companies, including the withdrawal by Nokia and Apple of their respective complaints to the US International Trade Commission, the company said.

The financial structure of the agreement consists of a one-time payment payable by Apple and on-going royalties to be paid by Apple to Nokia for the term of the agreement. The specific terms of the contract are confidential.

"We are very pleased to have Apple join the growing number of Nokia licensees," said Stephen Elop, president and chief executive officer of Nokia. "This settlement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."

Apple and Nokia have been engaged in legal battles since October 2009, when Nokia sued Apple in the United States, arguing the iPhone-maker was using technologies patented by Nokia.

Nokia expects the agreement to have a positive financial impact on Nokia's recently revised outlook for the second quarter 2011 of around break-even non-IFRS operating margin for Devices & Services.

Alhough Nokia has won a legal victory, it still trying to to catch up with Apple in the high end of the smartphone market, where it has fallen behind both Apple's iPhone and Google's Android devices. Earlier this week Nomura forecast Nokia would lose its position as the world's largest smartphone maker this quarter to Samsung Electronics and that Apple would surpass it next quarter.


Previous
Next
NTI Dragon Burning software For Mac Available on App Store        All News        AMD Launches A-Series Of APUs
Apple Sells Unlocked iPhones in US     Mobiles News      Sprint to Debut Motorola PHOTON 4G And TRIUMPH Smartphones

Get RSS feed Easy Print E-Mail this Message

Related News
Apple Error Message Killing iPhones After Replacing Displays
Apple Dominated The Smart Watch Market In 2015
Ericsson And Nokia Extend 3G's Capabilities Toward 5G Era
Apple Faces $626M Fine In Patent Case
Nokia Settles Patent Dispute With Samsung
Apple Has Big Plans For VR After All
Apple To Add Wireless Charging Tech In Future iPhones: report
Apple Recalls AC Wall Plug Adapters And World Travel Adapter Kit
Apple Reports Record First Quarter Results
Apple Loses Head Of Secret Electric Car Project: WSJ
Apple To Return to 4-inches With Rumored iPhone 5SE
Google Paid Apple $1 Billion Fee To Keep Search Bar on iPhone

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .