SEC Probing Apple's Patent Settlement with Nokia
The U.S. Securities and Exchange Commission has requested that Apple Chief Financial Officer Peter Oppenheimer provide it with additional information regarding the patent litigation settlement the iPhone maker struck with Finnish phone giant Nokia. In particular, the SEC wants to know what the terms of the settlement entailed, such as any monies exchange between the two companies, when such payments may have been made, and an general overview of how the negotiations were conducted. The SEC did not immediately make clear the reason behind its request. Apple and a number of smartphone makers are entangled in patent litigation in the U.S. and abroad.
Apple and Ericsson Sign Patent Accord, Settle Lawsuits
Apple and Ericsson have signed a patent-licensing agreement and put an end to on-going patent litigation between the two. Ericsson said the deal is broad and covers 2G, 3G, and 4G LTE technologies.
Apple and Nokia Bury the Patent Hatchet
Apple today said it has settled its patent complaints against Nokia and the two have signed a multi-year patent license. The two corporations sued one another in December of last year concerning licensing fees for Nokia's patents.
Nvidia and Samsung Strike Patent Deal, Drop Lawsuits
Nvidia today said it has settled its patent-related litigation with Samsung. The company first sued Samsung in 2014 over smartphone patents and was later sued in turn by Samsung.
ITC to Investigate Nokia's Patent Complaints Against Apple
The U.S. International Trade Commission today said it will investigate claims made by Nokia that Apple's smartphones and tablets violate its patented technology.