/>
X

Apple agrees to pay Nokia patent license fees, lawsuits dropped

Apple and Nokia started the lawsuit dance a couple of years ago and in the case of patents it looks like Nokia is getting Apple to pay them for their technologies.
matthew-miller
Written by Matthew Miller, Contributor writer on

Back in late 2009 Apple countersued Nokia after Nokia filed suit against Apple for using 10 wireless technologies they patented without compensation. Many companies patent technologies from Nokia since Nokia was one of the leaders in wireless innovation and was around before many of the existing companies in the wireless market. It looks like Nokia's claims were legitimate and unlike other companies Apple was just trying to avoid paying Nokia what they were due as Nokia announced they entered into patent license agreement with Apple.

This agreement will result in settlement of all patent litigation between the two companies. Apple will may a one time payment with future royalties to Nokia for the terms of the confidential agreement. Nokia has invested EUR 43 billion in R&D and has over 10,000 patents. This outcome should have a positive impact on Nokia's financials later in 2011.

Related

Why you should really stop charging your phone overnight
iphone-charging.jpg

Why you should really stop charging your phone overnight

iPhone
I loved driving the Hyundai Ioniq 5 and Kia EV6, and there's only one reason I can't buy one
img-1724

I loved driving the Hyundai Ioniq 5 and Kia EV6, and there's only one reason I can't buy one

Electric Vehicles
Samsung phone deal: Get the Galaxy S22 Ultra for $299
1296x729-29

Samsung phone deal: Get the Galaxy S22 Ultra for $299

Smartphones