Nokia vs. Apple : Nokia Sues Apple for Patent Infringement, Seeks iPhone Royalties
Nokia is suing Apple for Patent Enfringement - Ten (10) Patents to be exact! These include and are not limited to the GSM, 3G and Wi-Fi network features of the Apple iPhone -- all of which, Nokia holds patent of. The Finnish company is currently asking the U.S. District Court in Delaware for an injunction on sales of iPhones and for other damages.
"The basic principle in the mobile industry is that those companies who contribute in technology development to establish standards create intellectual property, which others then need to compensate for. Apple is also expected to follow this principle. By refusing to agree to appropriate terms for Nokia's intellectual property, Apple is attempting to get a free ride on the back of Nokia's innovation," shared Ilkka Rahnasto, Vice-President of Nokia's Legal and Intellectual Property department.
Nokia spokesperson, Mark Durrant, added that Nokia has been trying to get in touch with Apple on the matter but Apple has refused to cooperate and that legal action is the last resort.
If Nokia wins this case, the company could ask for 1 percent to 2% of revenue from every iPhone sold since the product was released in the market, which is around $6 - $12 per iPhone with 34 Million units sold. But of course, out-of-court settlement is always an option.
It is important to note that Nokia has apparently spent $60 billion (or 40 billion euros) on Research and Development of wireless technology - GSM, 3G and Wifi Connectivity included.
[read]
"The basic principle in the mobile industry is that those companies who contribute in technology development to establish standards create intellectual property, which others then need to compensate for. Apple is also expected to follow this principle. By refusing to agree to appropriate terms for Nokia's intellectual property, Apple is attempting to get a free ride on the back of Nokia's innovation," shared Ilkka Rahnasto, Vice-President of Nokia's Legal and Intellectual Property department.
Nokia spokesperson, Mark Durrant, added that Nokia has been trying to get in touch with Apple on the matter but Apple has refused to cooperate and that legal action is the last resort.
If Nokia wins this case, the company could ask for 1 percent to 2% of revenue from every iPhone sold since the product was released in the market, which is around $6 - $12 per iPhone with 34 Million units sold. But of course, out-of-court settlement is always an option.
It is important to note that Nokia has apparently spent $60 billion (or 40 billion euros) on Research and Development of wireless technology - GSM, 3G and Wifi Connectivity included.
[read]
.jpg)
No comments:
Let me know your thoughts on this TechPinas article.