An ongoing patent infringement battle between Apple and Nokia is finally over with Apple agreeing to make a one-time payment to Nokia followed by regular royalty payments. The battle which has ensued since October 2009 was over Nokia’s essential 3G and Wi-Fi related patents, which were used in Apple’s iOS-based devices including the iPhone and iPad. It is understood that Apple and Nokia could not come to an agreement over the payments the iPhone-maker would pay the world’s largest handset vendor. This resulted in Nokia suing Apple for patent infringements only to be counter-sued by Apple. Jump the break to read on… Also Read - Vi introduces new Rs 447 prepaid plan: Here are the benefits are included
The deal could not come at a better time for Nokia, which earlier announced that it is not in a position to give any annual targets while it transitions to adopting Windows Phone as its primary smartphone operating system. It expects a substantially lower net sales from its devices and services division in the second quarter of the year. This situation could have forced Nokia to push ahead to sign this patent licensing agreement with Apple and could probably have meant a little compromise on the price from Nokia’s end. Also Read - Twitter will now sell a ticket for you to join Spaces, aims to help creators earn money
“We are very pleased to have Apple join the growing number of Nokia licensees,” said Stephen Elop, president and chief executive officer of Nokia in a statement released to the press. “This settlement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.” Also Read - Samsung Galaxy S22 could get 50MP main rear camera sensor, not 108MP
With a deal signed with Apple, Nokia can now target Android smartphone vendors to agree to similar patent licensing agreements. At least that is what it looks like when Elop says that it enables Nokia to focus on further licensing opportunities in the mobile communications market.