Nokia vs Apple. The rivalry is always neck to neck. In midst of all these, Nokia, the Finland-based firm sued the Cupertino-based tech giant Apple with an extortionate amount of USD 2 Billion in cash, which is not a big deal for companies like Apple. Apple paid USD 1.7 Billion to Nokia forthright.
This is not the first time that these two prolifically progressing Companies are up against each other. Since 2011, they are putting up a fight against each other, and the matter was resolved by creating a licensing deal between the two. But, Alas! This is the second time, they are involved in a dispute. Nokia’s claims were placed upon violation of rule. Apparently, last year, Nokia professed Apple of 40 patents in 11 nations related to mobile phone functionality and features such as -- visibility, user interface, software, antenna, chipset, video encoding and so on.
Apple files an anti-trust trial against Patent Assertion Entities (PAEs) which might have resulted in PAEs corroborating Nokia. Apple suspects, Nokia might have plotted in vengeance as Nokia is losing their market to Apple. The mainstream mobile devices and smartphones are assembling more towards Apple whereas, back in times, Nokia was the only company with the optimum solution to cell phones. Apple, later on, propagated its own laws and Nokia Company was taken out from the Apple’s web store.
In accordance to the report, Apple has paid the royalties in the second quarter of 2017 to Nokia and would also go on paying regular royalties in the upcoming days. This back and forth suing halts only on good notes by a multi-year patent agreement signed between Nokia and Apple in May 2017.
Nokia says working hand in hand with Apple will help to build up its networking and digital health business units.