Nokia vs. Apple
Sunday, August 12, 2012 by Blogger Bontang
Nokia vs. Apple - In October 2009, Finnish handset maker Nokia Corp sued Apple Inc in U.S. District Court in Delaware over alleged infringement of its wireless standards. T he iPhone maker countersued and kept the two embroiled in litigation for a year and a half.
In June 2011, Apple agreed to pay an undisclosed sum as part of a settlement agreement and royalties for the use of parts of Nokia's patents. However, Nokia's business has faltered as it continues to struggle in the Smartphone market, with its stock tumbling to all-time lows in 2012.
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