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Wireless

Nokia expects Samsung compensation decision in January

Thursday 17 December 2015 | 08:55 CET | News
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Nokia said it expects a final compensation award by the end of January in its arbitration with Samsung. In November 2013, the company announced the extension of its patent licence agreement with Samsung for five years from January 2014. The companies entered binding arbitration to settle the amount of additional compensation payable to Nokia. The Secretariat of the International Court of Arbitration of the International Chamber of Commerce has told Nokia that the final award is expected to be provided to the parties by the end of January 2016.  

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