RIM paid Nokia $65 million as part of settlement
0. phoneArena 26 Dec 2012, 07:09 posted on
Earlier this month, RIM paid Nokia $65 million in a global settlement of several patent suits around the world which was announced by both beleaguered manufacturing firms last Friday; the one time free was noted on RIM's FORM 6-K which it filed with the SEC as a public company; if any more money is to be paid to Nokia as part of the settlement, we will learn about it once RIM files the same paperwork with the SEC next year...
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12. sid07desai (Posts: 290; Member since: 03 May 2012)
Bad ones of RIM too... poor company's already crippled
14. MeoCao (unregistered)
This money is not big for a big company like Nokia, but it's hugely important right now.
The money is enough for additional 300k L920s.
17. AnTuTu (Posts: 1578; Member since: 14 Oct 2012)
Good to see Nokia is making a come back with a bang, best of luck Nokia..!!
2. satydesh (Posts: 71; Member since: 22 Nov 2011)
dear nokia there was no need of selling headquarter just sue other companies which will give almost deep breath to stay in game!!!
4. eisenbricher (Posts: 973; Member since: 09 Aug 2012)
They will build a better headquarter! Indeed Nokia will definitely see glorious days ahead.
8. windroid (unregistered)
Nokia sold their headquarter because leasing it is tax deductible.
3. lumia920 (Posts: 112; Member since: 27 Nov 2012)
nokia sued every one and yet no one is able to sue nokia... does this not clearly says who is the real champion?
nokia is the father of fathers..
and the king of the kings...
love you nokia..
5. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
Apple will be the first to sue in US at aleast and try to slow down Nokia (and windows) if the Nokia sales numbers start eating into iOS share in long run.
6. muhsen (Posts: 280; Member since: 07 Jun 2012)
it has already started to eat iOS share in many countries including the most populous country and the second in smartphone sales(china).i won't tell u see the latest reports and news.u should just see statcounter and u will notice that .who knows??! maybe Nokia (with windows phone) will achieve in the US ,what android with its 68% worldwide marketshare couldn't achieve,which is taking the crown of the US smartphone world from apple.
7. eisenbricher (Posts: 973; Member since: 09 Aug 2012)
That's probably going to happen. In so many comments I see iOS users ditching iPhones and switch to Lumia.
16. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
Yes it is happening in Southern Europe, Brazil, Austrialia to name a few. China and India Apple was always a non entity just hovering around 2-3% in India for example and i think Bada must be doing better than iOS in India but not sure ...
Yes NOKIA devices are good but i ain't making M$ any richer by contributing towards license costs :)
10. lumia920 (Posts: 112; Member since: 27 Nov 2012)
if any body sued nokia then that will one of my worst day in my life. hope it will never become.. i love nokia so much...
23. Mobile-X-Pert (Posts: 565; Member since: 20 Dec 2010)
Apple already paid more than 500 millions to Nokia and also pays royalties every year.
9. lumia920 (Posts: 112; Member since: 27 Nov 2012)
if apple sued nokia once in future then nokia is also able to sue apple 100 time more... i wouldn't believe if ever did because i know US courts are biased.. they will favour apple.. they love apple. but the rest of the world knows nokia, the king.
11. CardiWPfan (Posts: 129; Member since: 12 Sep 2012)
Do you folks not realize that NOKIA and its Subsidiaries and divisions have more patents than most of these companies that are over suing. Nokia hasn't even started ramping Patent suing yet. Lets just say APPLE has noting on Nokia's Patent Portfolio remember that. Apple is not even close, but something tells me interesting days are ahead. Plus Nokia did a very smart thing when they sold there HQ, its cheapter to lease back because of the tax deductions in Finland. US courts maybe bias but the World Trade Organization could still over rule any U.S Court decision anyday.
13. Omar-BHR95 (Posts: 184; Member since: 23 Dec 2012)
but i love both Nokia and BlackBerry :(
22. XPERIA-KNIGHT (unregistered)
jus cuz nokia is gettin paid DOESNT MEAN its all bad for RIM!............grow up people, somtimes you gotta pay your dues in order to free your self up for the future, SO YOU'RE NOT TIED TO ANYONE.....smh
24. gazmatic (Posts: 794; Member since: 06 Sep 2012)
Everybody loses when they sue Nokia. Nokia spends the most on R&D. They just have a problem with optics. They should stop announcing that they wont support a device. Other companies stop supporting their devices but somehow Nokia thinks it's "polite" to announce it. Still their products are great
25. ltjordan24 (Posts: 3; Member since: 24 Dec 2012)
65 million? I thought that the one-time payment would be considerably more considering all of Rim's devices were found to be in violation of the patent.
26. InspectorGadget80 (unregistered)
These patents deals are getting out of hand n out of control.