Tuesday, September 02, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Philips Hue Beyond Combines Functionality And Ambient Lighting for Home
LG and Samsung Add Swarovski Crystals on Their Products
Pioneer DDJ-WeGO3 Allows You To Mix Tracks from Spotify or iTunes
Apple's iCloud Could Have Allowed Celebrity Nude-Photo Leak
Google To Launch New Budget Phone In India
Asus ZenWatch To Have Voice Control Features
Miraisens Showcases Touchable 3D Tech
Nintendo's Figurines Coming Later This Year
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Introduces First Curved Soundbar For TVs
Samsung Partners with Nike On Running App
Samsung Applied for Samsung Quantum Dot TV Trademark
Samsung, LG Introduce New Smartwatches
Samsung Starts Mass Production Of First 3D TSV DDR4 Modules
Samsung To Unveil Virtual Reality Headset, Bendable TVs
Nokia Networks Completes Acquisition of SAC Wireless
Samsung To Unveil New Smart TV Content at IFA 2014
Samsung Delivers Slim Level Box mini Wireless Speaker
Samsung, Microsoft Want To End Android Patent Dispute Soon
Galaxy Note 4 May Come in Two Versions
Samsung Buys Home-automation Company SmartThings

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .