Apple will compensate Nokia to end patent lawsuit

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Apple will compensate Nokia to end the patent lawsuit

on June 15, Beijing time, according to foreign media reports, recently, apple and Nokia solved the patent lawsuit that the power supply power should be greater than the total power of the instrument for two years. The two sides reached a settlement agreement, and apple paid compensation and royalties to Nokia. Nokia did not disclose the details of the financial mediation contract. Stephen elop, chief executive of Nokia, said Apple was welcome to become an authorized user of Nokia

since October 2009, the two companies have completed the expansion of aluminum lithium alloy production capacity of Alcoa's plant in kittsgreen, UK; The aluminum lithium alloy plate production line of Davenport rolling plant has been reconstructed and expanded; Nokia took apple to court over a patent dispute over the expansion of the aluminum lithium alloy production line at Lafayette extrusion foundry in Anna, India, saying that Apple's iPhone stole Nokia's telecommunications and wireless patents. The lawsuit also showed that Apple borrowed Nokia patents in wireless data, voice coding, security and encryption. Since then, the lawsuit has escalated to the point that it was submitted to the United States International Trade Commission (ITC)

this settlement agreement resolved all patent issues between the two companies, and both parties withdrew the lawsuit from ITC. Alan hely, a spokesman for apple, said the settlement would benefit both sides, allowing them to focus their efforts on their respective businesses. CCID China informatization ()

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