Apple Pays Nokia 2 Billion Dollars for Patent Fees

2017/08/29

According to Nokia, Apple has paid 2 billion dollars in cash to Nokia for implementation of part details in the settlement agreement of the patent dispute between both sides. What’s more, Nokia also disclosed more information about the future cooperation with Apple. In May, Apple and Nokia jointly announced that they had reached an agreement concerning their patent dispute. They expanded their cooperation scope instead of signing a patent license agreement, because they want to move further in technology and research. In other words, Apple needs to pay Nokia fees when it comes to digital health, optical networks and IP route.