Apple, Nokia Reach Patent Licensing Agreement
Apple and Nokia said Tuesday they reached a patent licensing agreement that ends a six-month legal dispute over Apple's use of Nokia-patented technology in its iPhones. Nokia sued Apple in the U.S. and 10 other countries for patent infringement after…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Apple said it wouldn't continue to pay patent royalties to Nokia. The settlement resulted in a new patent licensing agreement in which Apple will pay royalties to Nokia effective in Q2. The companies said the pact involves Apple beginning to sell Nokia-made digital health products in its stores.