Nokia have scored a rare win over smartphone rivals Apple, signing a patent license agreement with the Cupertino iPhone manufacturers that will see the Finnish phone company paid an undisclosed one-time fee alongside ongoing royalties.
Nokia took Apple to court back in 2009 over the alleged use of patented Nokia technologies present in the iPhone, to which Apple quickly formed a counter lawsuit accusing Nokia of similarly infringing on patents.
Though the trial wasn’t expected to take place until 2012, Apple have unexpectedly decided to settle early.
“We are very pleased to have Apple join the growing number of Nokia licensees,” crows Nokia CEO Stephen Elop.
“This settlement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.”
It’s the first bit of good news in quite a while for Nokia. The company recently had to lower its financial outlook for the second quarter of 2011 after sales figures failed to meet expectations.