Monday, January 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Xiaomi's Global Vice President Hugo Barra is Leaving the Company
Samsung Announces Cause of Galaxy Note7 Incidents, Shares Quality Assurance Measures
Hon Hai chief Mulls US$7 Billion Display Panel Investment in U.S.
Apple Sues Qualcomm Over Patent Royalties
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Nokia a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, November 04, 2013
Nokia and Samsung Extend Their Patent Deal


Samsung has extended a patent license agreement with Nokia and Samsung for five years.

The agreement between the two companies would have expired at the end of 2013.

According to the agreement, Samsung will pay additional compensation to Nokia for the period commencing from January 1, 2014 onwards, and the amount of such compensation shall be finally settled in a binding arbitration which is expected to be concluded during 2015.

"This extension and agreement to arbitrate represent a hallmark of constructive resolution of licensing disputes, and are expected to save significant transaction costs for both parties", said Paul Melin, Chief Intellectual Property Officer of Nokia.

Nokia plans to retain its patent portfolio following the proposed transaction to sell substantially all of its Devices & Services business to Microsoft.

Nokia last year launched a legalassault on rivals in the smartphone business that weren't licensing its standards essential patents. The Finish company settled on with Blackberry and has been fighting with HTC in courts in Europe and the US. Nokia managed to secured a key patent victory over HTC in the High Court in London last week, and is now seeking a ban on HTC's flagship Android device, the HTC One.




Previous
Next
YouTube Music Award Winners Announced        All News        HGST Ships 6TB Ultrastar HE6 Helium-filled Hard Disks
ZTE Grand S Flex Coming to Europe     Mobiles News      Qualcomm Also in Talks to Join BlackBerry Bid

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Announces Cause of Galaxy Note7 Incidents, Shares Quality Assurance Measures
Samsung Seeks Arbitration Over LCD Supply Halt
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Samsung Begins Rollout of Android 7.0 Nougat
Samsung Bribery Case May Trigger U.S. Legal Authorities Too
Samsung's Exynos Processors Selected For Audi's In-Vehicle Infotainment
Samsung Adds New Capabilities And Categories To Their Mobile Alliance Program
LG Display To Supply LCD Panels For TVs to Rival Samsung Electronics
Samsung Vice Chairman Suspect in Political Probe
Nokia Rumored To Develop Own "Viki" Mobile Digital Assistant
Samsung SDI Presents Fast Charging Battery That Enables Electric Vehicles to Drive 600km
Samsung's Latest Wearables Get iOS Compatibility

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .