Nokia, RIM settle old disputes in new patent pact (Update)

Dec 21, 2012 by Matti Huuhtanen

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

The agreement includes a "one-time payment and on-going payments, all from RIM to Nokia," Nokia said, but did not disclose "confidential" terms.

Last month, Nokia sued the Blackberry maker for breach of contract in Britain, the United States and Canada over cellular patents they agreed in 2003. RIM claimed the license—which covered patents on "standards-essential" technologies for mobile devices— should also have covered patents for non-essential parts, but the Arbitration Institute of Stockholm Chamber of Commerce ruled against RIM's claims.

Major manufacturers of phones and wireless equipment are increasingly turning to patent litigation as they jockey for an edge to expand their share of the rapidly growing smartphone market.

Nokia is among leading patent holders in the wireless industry. It has already received a $565 million royalty payment from Apple Inc. to settle long-standing patent disputes and filed claims in the United States and Germany alleging that products from HTC Corp. and Viewsonic Corp. infringe a number of its patents.

The company says it has invested €45 billion ($60 billion) during the last 20 years in research and development and has one of the wireless industry's largest IPR portfolios claiming some 10,000 patent families.

Nokia's share price closed down 3.5 percent at €3.05 on the Helsinki Stock Exchange.

Explore further: US newspaper industry revenue fell 2.6 pct in 2013

5 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Nokia sues RIM for breach of contract (Update)

Nov 28, 2012

Nokia Corp. said Wednesday that it is suing Research In Motion, the maker of the BlackBerry, for breach of contract in Britain, the United States and Canada over cellular patents the two companies agreed ...

Nokia files patent suits against HTC, RIM, ViewSonic

May 02, 2012

Nokia, one of the world's leading mobile phone makers, said Wednesday it had filed patent infringement lawsuits against mobile phone and electronics groups HTC, RIM and ViewSonic in the United States and Germany.

Del. judge puts Nokia-Apple patent fight on hold

Mar 04, 2010

(AP) -- A federal judge in Delaware has agreed to put a patent fight between Apple Inc. and Finnish phone maker Nokia on hold pending resolution of their competing claims before the International Trade Commission.

Nokia expands patent dispute beyond Apple iPhone

Dec 29, 2009

(AP) -- Nokia Corp. is broadening a legal dispute it already has with Apple Inc. over the iPhone, saying almost all of the company's other products also violate the Finnish phone maker's patents.

Recommended for you

US venture investments highest since 2001 (Update)

15 hours ago

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

Weibo IPO below expectations, raises $285.6 mn

Apr 17, 2014

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.

User comments : 0

More news stories

LinkedIn membership hits 300 million

The career-focused social network LinkedIn announced Friday it has 300 million members, with more than half the total outside the United States.

Treating depression in Parkinson's patients

A group of scientists from the University of Kentucky College of Medicine and the Sanders-Brown Center on Aging has found interesting new information in a study on depression and neuropsychological function in Parkinson's ...