Wednesday, April 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Travelling Through Time On Updated Google Maps
OnePlus One To Launch Next Month
LG Display Reports First Quarter Results
Toshiba Announces Canvio AeroMobile Wireless SSD
Global Chip Revenue Rises in 2013
Google Spent $3.82 Million Lobbying In First Quarter
Intel To Release Bay Trail-Entry Chip For Budget Tablets
Toshiba, SanDisk Mass Produce 15nm NAND flash Memory
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
Nokia Devices and Services Acquisition Expected to Close This Week
Samsung Opens Innovation Museum
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
Samsung Galaxy S5 Carries A Very High Bill of Materials
Researchers Hack Galaxy S5's Fingerprint Scanner
Samsung SDI Introduces Large Capacity, Curved Battery
Samsung To Hold 'Kapture The Moment' Event
Samsung Galaxy S5 and New Gear Devices Launch Globally
SAMSUNG Expands Its Zero Client Lineup with New Desktop Endpoint
Samsung Galaxy Note 4 Coming In September

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 .