Just In
- 12 hrs ago OPPO Find X7 Ultra Camera Deep-Dive: Pushing the Boundaries of Photography on a Smartphone
- 13 hrs ago iQOO Z9 Turbo Launched in China: Snapdragon 8s Gen 3, 16GB RAM, and More
- 13 hrs ago iQOO Z9, Z9x Launched in China: 6000mAh Battery, iQOO 12 Inspired Design, 50MP Camera, & More
- 15 hrs ago HMD Branded First Set of Android Smartphones Are Here!
Don't Miss
- Sports T20 World Cup 2024: No Hardik, Pant or Samson in Ambati Rayudu's India Squad for World Cup
- Finance Rs 10/Share Dividend: Record Date In Due Course; Buy The Banking Stock To Be Eligible?
- Movies Varshangalkku Shesham Box Office Collection Day 15 Prediction: Pranav & Dhyan's Movie Faces Continued Decline
- Lifestyle When Will Vaishakh Month 2024 Start? Vrats And Festivals That Will Fall This Month, Complete List!
- Education JEE Main Result 2024 Out, Telangana's 15 Toppers Shine, Check Statewise List of 56 Candidates with Perfect 100
- News Mangalsutra Row: Did Indira Gandhi Donate Gold During The 1962 War? The Facts Behind Priyanka's Claim
- Travel Escape to Kalimpong, Gangtok, and Darjeeling with IRCTC's Tour Package; Check Itinerary
- Automobiles Aston Martin Vantage Launched In India At Rs 3.99 Crore
Apple and Nokia forms a partnership after settling patent dispute
Finally, both the companies settled the dispute.
Apple and Nokia have agreed to multi-year patent license after settling all the patent dispute litigations they had between them. This announcement has been made by the companies after compromising with this intellectual property conflict.
Regarding this agreement, Maria Varsellona, Chief Legal Officer at Nokia, says, "This is a meaningful agreement between Nokia and Apple." Maria stated that this new agreement will make these two companies to become business partners instead of being adversaries. According to her, this partnership is for a betterment of the companies by working towards benefiting the customers.
Jeff Williams, Apple's chief operating officer, says in a statement, "We are pleased with this resolution of our dispute, and we look forward to expanding our business relationship with Nokia."
Apple to expand its manufacturing operations in India: Ravi Shankar Prasad
According to this agreement, Nokia will provide few network infrastructure product and also services to Apple. On the other hand, Apple is said to resume Nokia digital health products in both the retail and online stores of Apple. It also looks like Apple and Nokia are planning future collaboration in digital health segment.
Basil Alwan, President of Nokia's IP/Optical Networks business, says, "This agreement will strengthen our collaboration. We look forward to supporting Apple." To ensure the good-going relationship between these two companies, the regular summits will be held between top executives.
During this term of an agreement, Nokia will get an up-front cash payment from Apple along with some additional revenues. The complete information regarding this is not yet disclosed. This makes Nokia update its capital structure optimization program along with its Q3 results of 2017.
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
11,999
-
16,026
-
14,248
-
14,466
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804