Nokia's patents cover technology that reduces the need for hardware components in a phone, among other features. — Reuters
HELSINKI: Nokia has settled its legal battle with Apple with a new patent licence agreement and also signed a business deal with the US giant, surprising investors who had expected the dispute to drag on.
The companies said on May 23 that Nokia would receive an upfront cash payment and additional revenues from Apple starting from the current quarter, without giving details. Analysts said the revenue was likely to be far higher than a previous deal.
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