15 Jun 2011

Licensing dispute settled by Nokia and Apple

7:56 am on 15 June 2011

Nokia and Apple have resolved a licensing dispute, with Apple agreeing to pay royalties to Nokia for the use of its technologies.

Nokia sued Apple for patent infringements in 2009 and extended the action in December last year. Apple countersued, accusing Nokia of infringing its patents. Both sides always denied the other's claims.

Nokia said Apple had agreed to a one-off payment, the value of which was not disclosed, and ongoing royalties to use its technologies.

Apple said the deal covered both companies' patents.

Last month, Nokia said it expected sales and profit margins for the current quarter to be well below its previous forecasts.

The BBC reports the company has been struggling to reposition itself in the smartphone sector.