LG Agrees to Pay Nokia Royalties, But Rates Not Settled
LG has signed a patent-licensing agreement with Nokia over smartphone technology, but the companies have yet to agree on pricing for the patents. Nokia may have sold its handset business to Microsoft, but it retained many of the related patents for licensing purposes. Nokia and LG have agreed to enter arbitration to settle pricing for the patents in question. The arbitration period is scheduled to conclude within two years. In the meantime, LG will be able to use Nokia's patented technology in its own smartphones. Patent-licensing has been a contentious issue for smartphone companies over the years. Samsung is currently in a similar arbitration arrangement with Nokia, which should be settled soon. Nokia's patent business earned the company $649 million in 2014. Nokia's main focus is its telecommunications and networking gear business.
Cricket Offering Galaxy S9 Promo and Open Enrollment for Insurance
Sep 14, 2018
Cricket Wireless today announced several promotions timed with the arrival of the fall season. First up, customers who open a new line of service with Cricket and port in their number can buy the Samsung Galaxy S9 for $499, a savings of $120 off the regular price.
Samsung's Arbitration Appeal Rejected By Supreme Court
Oct 2, 2017
Samsung cannot force customers who've filed class-action lawsuits into arbitration, according to the U.S. Supreme Court.
Nokia and Samsung Settle Patent Licensing Deal
Feb 1, 2016
Nokia today said it has reached an agreement with Samsung over the licensing of its wireless patents. The companies have been disputing the value of Nokia's patents since Nokia sold its handset division to Microsoft.
Qualcomm Must Pay BlackBerry $940M to Settle Royalty Spat
May 26, 2017
BlackBerry today announced the final award in an arbitration case between it and Qualcomm that was tentatively settled in April. Qualcomm must repay BlackBerry of a total amount of $940 million, including interest and attorneys' fees — a number that's $125 million more than the original award announced last month.