Tuesday, November 24, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Black Friday Deals on Microsoft device
AMD Ends Driver Support For Radeon HD 5000 and 6000 series
New AMD Radeon Software Crimson Edition Available For Download
ASUS RoG Announces Maximus VIII Hero Alpha
Apple To Brings Apple Pay To China
Xiaomi Launches New Redmi Note 3 Smartphone And Mi Pad 2 Tablet
Dell Says Security Hole Identified In Some Laptops
Sony PlayStation 4 Now Available For $299
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > RIM Pos...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 21, 2012
RIM Posts Loss; Settles Patent Dispute With Nokia

Research In Motion reported a smaller-than-expected quarterly loss on Thursday and recorded a decline in its subscriber base. Seperately, the company settled a legal dispute with rival Nokia related to Wi-fi patents.

RIM reported a loss of $114 million or 22 cents a share, excluding one-time items.

RIM also built its cash cushion up to $2.9 billion in the quarter, from $2.3 billion in the prior period. RIM will need the funds to manufacture and promote its new line of products ahead of the January 30 launch.

RIM also said its subscriber base fell to about 79 million in the quarter from about 80 million in the period ended September 1.

The company said it shipped 6.9 million smartphones in the quarter.

Seperately, Nokia and Research In Motion have agreed on a new patent licensing pact which will end all existing litigation between the two struggling companies, the Nokia said Friday.

The financial structure of the agreement includes a one-time payment and on-going payments, all from RIM to Nokia. The specific terms of the agreement are confidential.

In November, Nokia asked a California court to enforce an arbitration award that could have prevented RIM from selling products with wireless LAN capabilities until the companies agreed on patent royalty rates.

"We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia's ability to protect our unique product differentiation," said Paul Melin, chief intellectual property officer at Nokia. "This agreement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."

Instagram Drops Controversial Advertising Terms        All News        ARM and Cadence Tape Out First 14nm FinFET Test Chip Targeting Samsung Process
Facebook Introduces Poke for Mobile     Mobiles News      Ofcom Announces 4G Auction Bidders For Britain

Get RSS feed Easy Print E-Mail this Message

Related News
Primera Trio All-in-One Printer Fits In Your Bag
UK's GCHQ To Share Data With Firms
Hackers Attack NATO Web Sites
Kaspersky Lab Uncovers "The Mask" Cyber Spying Campaign
Rimage Is Now Qumu
Blackberry Shareholders Company's Approve New Name
New BlackBerry Q5 Announced For Select Markets
Images Of New BlackBerry Handset Apppear Online
BlackBerry Z10 Smartphone Launches in the United States Today
BlackBerry Previews Secure Work Space Technology for Android, iPhone Platforms
Primera Introduces The DL500 Durable Label Printer
New BlackBerry World to Include Songs, Latest Movies and TV Shows

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .