Tuesday, August 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New PC Accessories For Windows 10
Xbox Unveils New Game Lineup
Nero TuneItUp Gets Windows-based PCs Back In Shape
Seagate Micron Alliance Introduce New SAS Solid State Drive
SanDisk and SK Hynix Expanded IP and Commercial Relationship
WD and 20th Century Fox Partner to Offer 4K UHD Movies
Toshiba Announces Third Generation of Enterprise SAS SSDs, Starts Production Of 3D NAND
Xiaomi Has Reclaimed Top Spot in China, Huawei Pushes Ahead of Apple
Active Discussions
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
Optiarc AD-7260S review
 Home > News > Mobiles > Nokia a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, November 04, 2013
Nokia and Samsung Extend Their Patent Deal


Samsung has extended a patent license agreement with Nokia and Samsung for five years.

The agreement between the two companies would have expired at the end of 2013.

According to the agreement, Samsung will pay additional compensation to Nokia for the period commencing from January 1, 2014 onwards, and the amount of such compensation shall be finally settled in a binding arbitration which is expected to be concluded during 2015.

"This extension and agreement to arbitrate represent a hallmark of constructive resolution of licensing disputes, and are expected to save significant transaction costs for both parties", said Paul Melin, Chief Intellectual Property Officer of Nokia.

Nokia plans to retain its patent portfolio following the proposed transaction to sell substantially all of its Devices & Services business to Microsoft.

Nokia last year launched a legalassault on rivals in the smartphone business that weren't licensing its standards essential patents. The Finish company settled on with Blackberry and has been fighting with HTC in courts in Europe and the US. Nokia managed to secured a key patent victory over HTC in the High Court in London last week, and is now seeking a ban on HTC's flagship Android device, the HTC One.




Previous
Next
YouTube Music Award Winners Announced        All News        HGST Ships 6TB Ultrastar HE6 Helium-filled Hard Disks
ZTE Grand S Flex Coming to Europe     Mobiles News      Qualcomm Also in Talks to Join BlackBerry Bid

Get RSS feed Easy Print E-Mail this Message

Related News
Photos of Upcoming Samsung Phablet Appear Online
AUDI AG, BMW Group and Daimler AG To Buy Nokia's HERE Digital Mapping Business
Galaxy S6 Sales Not Enough To Keep Samsung's Profit High
Samsung Starts Mass Production Of First Mobile Image Sensor with 1.0µm Pixels
Nokia Releases The OZO Virtual Reality Camera for Professionals
Samsung To Showcase New Galaxy Phablet on August 13 Event
European Regulators Approve Nokia's Acquisition of Alcatel-Lucent
Smartphone Market Posts Year-Over-Year Growth in Q2 2015
Nokia Said To Release VR Device
Samsung Unveils New Data Center Solid State Drives
New Galaxy J2 Coming In S. Korea
Samsung Galaxy Tab S2 Tablet Coming Next Month

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .