Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
North Korean Internet Otage Fuels Speculation
Semiconductor Market Set for Strongest Growth in Four Years in 2014
New Asus Dual-camera Zenfone Coming At CES
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Mobiles > RIM Pos...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 21, 2012
RIM Posts Loss; Settles Patent Dispute With Nokia


Research In Motion reported a smaller-than-expected quarterly loss on Thursday and recorded a decline in its subscriber base. Seperately, the company settled a legal dispute with rival Nokia related to Wi-fi patents.

RIM reported a loss of $114 million or 22 cents a share, excluding one-time items.

RIM also built its cash cushion up to $2.9 billion in the quarter, from $2.3 billion in the prior period. RIM will need the funds to manufacture and promote its new line of products ahead of the January 30 launch.

RIM also said its subscriber base fell to about 79 million in the quarter from about 80 million in the period ended September 1.

The company said it shipped 6.9 million smartphones in the quarter.

Seperately, Nokia and Research In Motion have agreed on a new patent licensing pact which will end all existing litigation between the two struggling companies, the Nokia said Friday.

The financial structure of the agreement includes a one-time payment and on-going payments, all from RIM to Nokia. The specific terms of the agreement are confidential.

In November, Nokia asked a California court to enforce an arbitration award that could have prevented RIM from selling products with wireless LAN capabilities until the companies agreed on patent royalty rates.



"We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia's ability to protect our unique product differentiation," said Paul Melin, chief intellectual property officer at Nokia. "This agreement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."


Previous
Next
Instagram Drops Controversial Advertising Terms        All News        ARM and Cadence Tape Out First 14nm FinFET Test Chip Targeting Samsung Process
Facebook Introduces Poke for Mobile     Mobiles News      Ofcom Announces 4G Auction Bidders For Britain

Get RSS feed Easy Print E-Mail this Message

Related News
UK's GCHQ To Share Data With Firms
Hackers Attack NATO Web Sites
Kaspersky Lab Uncovers "The Mask" Cyber Spying Campaign
Rimage Is Now Qumu
Blackberry Shareholders Company's Approve New Name
New BlackBerry Q5 Announced For Select Markets
Images Of New BlackBerry Handset Apppear Online
BlackBerry Z10 Smartphone Launches in the United States Today
BlackBerry Previews Secure Work Space Technology for Android, iPhone Platforms
Primera Introduces The DL500 Durable Label Printer
New BlackBerry World to Include Songs, Latest Movies and TV Shows
RIM Unveils Lower BlackBerry World Price Tiers

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .