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Apple to pay off Nokia in patent suit

Nokia announced today that they have reached a settlement with Apple in what was a long string of lawsuits and counter suits filed with the U.S. International Trade Commission involving alleged patent infringement by Apple in their iPhones.  Last month, the ITC ruled that no infringement had been committed, but then followed up by saying that they would investigate the matter further.  It seems that Apple was not confident enough in their case to let the investigation go on, so they have agreed to pay an undisclosed one-time sum to Nokia to close the case.  In addition, Apple will continue to pay royalties to the Finnish phone giant to prevent further infringement claims involving the same patents.

In a press release this morning, Nokia CEO, Stephen Elop, smugly welcomed Apple to the party:

"We are very pleased to have Apple join the growing number of Nokia licensees.  This settlement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."

This is a much needed win for Nokia, who has seen more than its fair share of turmoil in recent weeks.  Amongst dropping stock prices and departing execs, it was just recently projected that They would lose their crown as the world's top smartphone manufacturer to Samsung, as soon as the end of the quarter.  This may be the end of legal road, but it may embolden the struggling Nokia to expand their claims to other companies. 

Source: Nokia (full press release); Via: BGR

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Comments

There are 5 comments. Sign in to comment

HeyCori says:

Apple may make some great products but the business side of Apple is full of shenanigans.

selfcreation says:

YES!! GO NOKIA!!!!Freaking apple copy rights EVERY thing they release , then they go and steal other stuff!!DOWN WITH APPLE!!! trying to control the Smartphone market with STUPID copy right BS! ( multy touch , *App store* ect...) .. I`M glad Nokia WON!!

1jaxstate1 says:

Sheesh, go read up on this. It's not that Apple didn't want to pay, they didn't want to pay a premium over what other makers of GSM phones were paying. So whether apple had to pay the premium is the deciding factor in who won.

taiban says:

"It seems that Apple was not confident enough in their case to let the investigation go on, so they have agreed to pay an undisclosed one-time sum to Nokia to close the case."Seth, "huh?" and wrong.To the first point, the US International Trade Commission had already ruled that Apple had not infringed on Nokia patents. This case had already dragged out over two years and there's always the possibility in such circumstances that at some point the cost of continued litigation will exceed the cost of settling. In all probability Apple reached that point. The fact that Nokia settled speaks more to their lack of confidence.As to the second, the terms of the settlement have not been disclosed. What you present as fact is in fact just a guess. Unfortunately for Nokia, whatever badly needed cash it does get, it won't alone stem the loses."In a press release this morning, Nokia CEO, Stephen Elop, smugly welcomed Apple to the party."I don't know if the captain of the Titanic should be "smug" or Seth, is that just another embellishment?

redtalon says:

Pretty much most sites are reporting this so I would go and check your facts, all I have heard is heresay from yourself.