Apple paid Nokia $2 billion as part of a patent lawsuit settlement

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Friday, 28 July 2017

Apple paid Nokia $2 billion as part of a patent lawsuit settlement

Friday, 28 July 2017 by Muhammad Ifzal

After a quick fight, Apple and Nokia settled a patent lawsuit back in May. But the two companies didn’t comment on the value of this settlement. While terms of the deal are still undisclosed, Nokiamob first spotted that Nokia announced that it has received a $2 billion upfront cash payment from Apple (€1.7 billion). This seems like quite a lot of money, but Nokia won’t get $2… Read More