Hate to tell ya, but Nokia does exist. They are actually more diverse than ever. They have new devices out, and they are leaders of the new 5G technology coming out as well......AND collaborating with APPLE and many other companies.....etc.
Check out NOK and you'll see all that they are into. Same ticker/symbol as always. Never left.....
I totally understand what you were trying to point out about Xunlight, but go ahead and check your misprint, as I'm sure it was a thought too before you wrote it. Check the facts!!!
Nokia and Apple Move From Courtroom Foes to Business Partners
3:41 am ET May 23, 2017 (Dow Jones) Print
By Dominic Chopping
Nokia Corp. and Apple Inc. have settled long-running intellectual property disputes and agreed to a multi-year patent license, moving from courtroom foes to business partners.
Financial details of the deal weren't disclosed, but Nokia will receive an up-front cash payment from Apple, with additional revenue during the term of the agreement.
The companies said Tuesday that Nokia will provide certain network infrastructure products and services to Apple while Apple will resume carrying Nokia digital health products in Apple retail and online stores. They will also jointly explore future collaboration in digital health initiatives.
"This is a meaningful agreement between Nokia and Apple," said Maria Varsellona, Chief Legal Officer at Nokia, responsible for Nokia's patent licensing business.
"It moves our relationship with Apple from being adversaries in court to business partners working for the benefit of our customers."
At the end of last year Nokia confirmed it had filed actions in 11 countries in total, saying Apple violated 40 of its patents covering technologies such as display, user interface, software, antenna, chipsets and video coding.
At the same time, Apple filed a suit in the U.S. District Court for the Northern District of California, arguing that Nokia excluded some patents from that agreement and transferred them to third-party companies "to be used for extorting excessive royalties" from Apple. It asked the court to award damages and rule that Nokia breached its contract.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
May 23, 2017 03:41 ET (07:41 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
