Tuesday, March 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG Suses BLU Products Over LTE Patents
Intel Optane Memory Launches Next Month To Boost Your PC
Facebook's Messenger App Will Expose Your Location For An Hour
Samsung To Sell Refurbished Galaxy Note 7s
Transcend Announces Its First PCIe NVMe M.2 Solid State Drive
HTC Says New Companies Join The Vive X Accelerator Program
New HyperX Expands FURY DDR4 Memory Lineup Supports Plug and Play Automatic Overclocking up to 2666MHz
TSMC To Start Producing A11 InFo Chips For New iPhone In April
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
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 07, 2013
Microsoft To Pay Nokia More Than It Receives For Windows Phone Royalties


Nokia on Thursday disclosed that it will receive more royalty payments from Microsoft than it pays to the software giant this year.

Nokia's today filed its annual report on Form 20-F for 2012 with the US Securities and Exchange Commission. In the report, along with the company's longer-term financial targets, the company provided additional information in relation to its agreement with Microsoft.

Nokia, which adopted Microsoft's Windows Phone software for its mobile phones in 2011, said its payments to Microsoft will exceed what it receives from the U.S. company by around $650.00 million over the remainder of the agreement to pay each other royalties.

Nokia's agreement with Microsoft includes platform support payments from Microsoft to the Finish company as well as software royalty payments from Nokia to Microsoft.

Under the terms of the agreement governing the platform support payments, the amount of each quarterly platform support payment is USD 250 million. The two companies have a competitive software royalty structure, which includes annual minimum software royalty commitments that vary over the life of the agreement. Software royalty payments, with minimum commitments are paid quarterly. Over the life of the agreement, both the platform support payments and the minimum software royalty commitments are expected to measure in the billions of US dollars.

Nokia says that over the life of the agreement, the total amount of the platform support payments will slightly exceed the total amount of the minimum software royalty commitment payments. As of the end of 2012, the amount of platform support payments received by Nokia has exceeded the amount of minimum software royalty commitment payments made to Microsoft, thus the net cash flows have been in Nokia's favor.

"As a result, the remaining minimum software royalty commitment payments are expected to exceed the remaining platform support payments by a total of approximately EUR 0.5 billion over the remaining life of the agreement," Nokia says.

However, in 2013 the amount of the platform support payments is expected to slightly exceed the total amount of the minimum software royalty commitment payments, thus the net cash flows are still expected to be slightly in Nokia's favor.


Previous
Next
Facebook Redesigned        All News        Apple Wins Patent Fight Against Samsung
Android Faces Most Malware Threats     Mobiles News      Apple Wins Patent Fight Against Samsung

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Announces Patent License Agreement with Toyota
Adobe, Microsoft To Offer Solutions That Share Sales Data
Microsoft and Steelcase Present Concepts For The Future Workplace
HMD Brings Nokia's Classic 3310 Phone Back
Nokia Captured 9 Percent Global Feature Phone Marketshare in 2016
BlackBerry Sues Nokia Over Patents
Microsoft's Outlook.com Premium Emal Service Now Available
Microsoft To Give A Face Lifting To Windows 10 With 'Project NEON'
Microsoft Edge Will Soon Get New Features
Nokia Launches Digital Assistant For Telecommunications Operators
Cloud Services Boost Microsoft's Sales And Profit
Microsoft Announces Intune for Education And New Windows 10 PCs for School

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .