Menu

Search

  |   Business

Menu

  |   Business

Search

Nokia informed that Final Award in arbitration with Samsung expected to be provided by the end of January 2016

In November 2013, Nokia announced the extension of the patent license agreement between Nokia and Samsung for five years from January 1, 2014, with the parties entering into binding arbitration to settle the amount of additional compensation payable to Nokia.

The Secretariat of the International Court of Arbitration of the International Chamber of Commerce has advised that the Final Award is expected to be provided to the parties by the end of January 2016.

About Nokia
By focusing on the human possibilities of technology, Nokia embraces the connected world to help people thrive. Our businesses are leaders in their respective fields: Nokia Networks provides broadband infrastructure, software and services; and Nokia Technologies provides advanced technology development and licensing. www.nokia.com

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.