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Nokia awarded damages in Samsung patent case

Monday 1 February 2016 | 10:08 CET | News
Nokia has announced that the settlement of its arbitration with Samsung will result in a positive financial impact for Nokia Technologies after the International Court of Arbitration of the International Chamber of Commerce issued its award in the case. Nokia and Samsung had previously agreed that this would settle the amount of additional compensation payable to Nokia for the five-year extension of their licence agreement covering certain Nokia patents for the period beginning on 01 January 2014. Including the award, Nokia said it expects Nokia Technologies to report net sales of around EUR

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Categories: Mobile & Wireless
Companies: Nokia / Samsung
Countries: World
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