Saturday, 2 July 2011
Nokia says Apple to pay royalties, ending patent disputes
Posted on 04:39 by Unknown
The world's leading mobile phone maker Nokia said Tuesday that its competitor Apple had agreed to pay royalties for use of Nokia technology in its devices, ending all of their 46 ongoing patent disputes."The financial structure of the agreement consists of a one-time payment payable by Apple and on-going royalties to be paid by Apple to Nokia for the term of the agreement," Nokia said in a
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