Apple Pays Nokia 2 Billion Dollars for Patent Fees

Apple Pays Nokia 2 Billion Dollars for Patent Fees


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.

People watch

It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.