Thursday, May 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Wants to Lead the Foundry Race With Process Roadmap Down to 4nm
Western Digital Raises its Offer For Toshiba's Memory Business: report
Sony Releases Second-Generation Generation of Digital Paper
DJI Spark Drone Takes Off From Your Hand
Xbox Game Pass Launches June 1 With More Than 100 Games
Intel to Integrate Thunderbolt 3 into Future CPUs
Hackers Expose Galaxy S8's Iris Scanner Security, Samsung Investigates Issue
Samsung Gear 360 Availabile In-Stores For $230
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 Wants to Lead the Foundry Race With Process Roadmap Down to 4nm
Hackers Expose Galaxy S8's Iris Scanner Security, Samsung Investigates Issue
Nokia and Apple Settle All Litigation, Sign Patent License and Business Agreement
Samsung Pay Launches in the U.K.
Samsung Galaxy Note 8 Said To Have Dual-cameras
Accessory Line-up for the Samsung Galaxy S8 and Galaxy S8+
Samsung Creates New Chip Foundry Division
Samsung Names New Mobile Marketing Chief
Samsung Display Breaks Ground For New Flexible OLED Fab
Samsung On Track to Beat Intel in Semiconductor Sales
Samsung to Invest $2.64 Billion To Expand Its DRAM Production
Samsung And Apple Maintain Top Spots in Smartphone Market

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 .