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Nokia Settles Patent Dispute With Samsung

Home | Mobiles | Mobiles News Nokia Settles Patent Dispute With Samsung Reuters , 1 February 2016 Nokia Settles Patent Dispute With Samsung

Finland’s Nokia has settled a patent dispute with South Korea’s Samsung which it says will boost its patent sales by hundreds of millions of euros.

Nokia sold its once-dominant phone business to Microsoft in 2014, leaving it focused on telecoms network equipment while retaining a large portfolio of handset patents.

Nokia said the Samsung settlement would lift sales at its patent unit Nokia Technologies to around EUR 1.02 billion ($1.1 billion or roughly Rs. 7,451 crores) in 2015, including catch-up payments from the past two years, from EUR 578 million in 2014.

The annualised run-rate for the patent unit is now about EUR 800 million, Nokia added.

Analysts on average had expected 2016 sales of about EUR 900 million for the unit.

“The settlement is pretty well in line with market forecasts, as the run-rate is 800 million and there will be some one-off payments,” said Mikael Rautanen, analyst at Inderes Equity Research.

Samsung shares rose 1.1 percent following news of the deal.

Nokia and Samsung entered into a binding arbitration in 2013 to settle additional compensations for Nokia’s phone patents for a five-year period starting from early 2014.

Nokia added it expects to receive at least EUR 1.3 billion of cash during 2016-2018 related to its settled and ongoing arbitrations, including the Samsung award. Nokia currently has a similar dispute with LG Electronics.

Rautanen, who has “reduce” rating on Nokia said its patent unit is expected to grow further in the coming years as it will soon start talks over a new contract with Apple.

He noted that Nokia’s patent sales still trail those of its main rival, Sweden’s Ericsson, which has estimated its intellectual property rights (IPR) sales at 13-14 billion crowns ($1.52-1.63 billion or roughly Rs. 10,297 crores – Rs. 11,041 crores) in 2015.

The patent business will become a smaller part of Nokia after its proposed EUR 15.6 billion takeover of French network gear rival Alcatel-Lucent, expected to close this quarter.

© Thomson Reuters 2016

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Nokia Bid for Alcatel-Lucent Goes Through: French Regulator

Nokia Bid for Alcatel-Lucent Goes Through: French Regulator

France’s stock market regulatory body said Monday that Finnish telecom group Nokia’s all-share offer for French-American rival Alcatel-Lucent had been successful.

Nokia now holds around 76 percent of shares and voting rights in Alcatel, the French financial market authority, AMF, said in a provisional report.

It said the “minimal condition” for Nokia to control at least 50 percent of shares and voting rights had been “satisfied”.

“The offer therefore is proceeding positively,” the French regulator said, adding that its final report was due Tuesday at the latest.

Once the world’s top mobile phone maker, Nokia hopes the merger will help it become the world’s number one network equipment and service provider.

The acquisition will allow Nokia to expand from telecoms networks to Internet networks and “cloud” services to better compete with its global rivals, the Swedish group Ericsson and Huawei of China.

The merged group eyes a combined revenue of nearly EUR 25 billion ($27.3 billion or roughly Rs. 18,15,80 crores).

Nokia’s shareholders gave their consent in early December to the offer which has sparked fears of job cuts among staff both in Finland and France.

Under the public exchange offer, Nokia offered 0.55 Nokia shares for each Alcatel-Lucent share.

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Original Article

Nokia CEO Says ‘Not in a Hurry’ to Get Back Into Smartphone Business

Nokia CEO Says 'Not in a Hurry' to Get Back Into Smartphone Business

Nokia, which sold its mobile and devices divisions to Microsoft in 2014, has on several occasions confirmed it intends to get back into the smartphone business. Now, the company says it will not be hasty with its re-entry. Finland’s biggest company on the sidelines of its talk about the adoption of 5G network ahead of Mobile World Congress also addressed its intentions of getting back into selling smartphones.

Nokia cannot create smartphones products until the fourth quarter to 2016, as part of the buyout agreement with Microsoft. But for its comeback, the company doesn’t want to rebuild its vast manufacturing and selling infrastructure. Instead, it is seeking out a partner that could handle those aspects.

But it’s not that easy, and Nokia doesn’t want to settle for less. CEO Rajeev Suri told Re/Code in an interview that his company “doesn’t want to just put logos on somebody’s devices.” The smartphone, Suri says, “needs to feel like [a] Nokia, what Nokia was known for.”

Reports suggest that the company has been working with an unnamed smartphone manufacturer for building an Android-powered smartphone. Suri wouldn’t comment on that, and added, that “we’re not in a hurry. There doesn’t need to be a rush.”

Last year, the company had shared the challenges it is facing in getting back to the smartphone business. “[…] We sold essentially all of our Devices & Services business to Microsoft in April 2014. With it went all of the enormous manufacturing, marketing and channel distribution capabilities you need to be in the business of making & selling phones.”

“The right path back to mobile phones for Nokia is through a brand-licensing model. That means identifying a partner that can be responsible for all of the manufacturing, sales, marketing and customer support for a product.”

Suri also shared company’s plans to accept investment in 5G technology this year. He added that the company believes 5G-ready equipment will gain traction in consumer devices by early 2017. “We are planning to dramatically increase our investment in 5G this year and unleash the power of our massive innovation engine,” Suri said. The company also expects a stronger growth in fixed line equipment from its recent acquisition of Alcatel Lucent.

Nokia also announced that it is acquiring Nakina Systems, a Canadian software company that offers unique vendor- and technology-agnostic capabilities that allow operators to monitor, control and audit security. The company hopes that this acquisition will help it bolster its security efforts.

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Original NDTV Gadgets

Nokia X2 Dual SIM Android Phone Spotted on AnTuTu With Specifications

Dual SIM

Nokia X2

A device back model number Nokia X2DS (RM-1013) is currently listed a propos the AnTuTu benchmark site along taking into account some detailed specifications.

After reports of an AnTuTu benchmark listing of the alleged successor to the Nokia X smartphone, the Nokia X, now the actual listing (via G for Games) of what seems to be a Nokia X2 Dual SIM smartphone subsequently model name Nokia X2DS (RM-1013) has been spotted going vis–vis for the AnTuTu benchmark.

Earlier this week, the alleged Nokia X2 was reportedly spotted taking into account a 1.2GHz quad-core Qualcomm Snapdragon MSM8210 processor, 1GB of RAM, and 4GB of built-in storage. Now, later the new listing of what seems to be the anticipated Nokia X2 Dual SIM (RM-1013), we have a lot more specifications listed.


The AnTuTu benchmark listing of the Nokia X2DS (RM-1013) shows the device giving out Android 4.3 taking place for a dual-core MSM8x10 processor adept of clocking occurring to 1190MHz, to the side of an Adreno 305 GPU and 1GB of RAM.

Other specifications listed upon the alleged Nokia X2 Dual SIM AnTuTu benchmark append a 4.3-inch display following a 480×800 pixel unadulterated, a 5-megapixel rear camera, and a 0.3-megapixel belly-facing camera. An overall AnTuTu score of 11827 is along with visible, matching the previous AnTuTu leak precisely.

Notably, surrounded by taking into consideration the alleged Nokia X2 specifications leak earlier this week, the AnTuTu benchmark listing has been along in the midst of an image of the smartphone shared by a Baidu account, one that quite plainly features a estate button (in the concern of a Windows logo) in the stomach, otherwise of just the central support button in the first-generation of handsets in the Nokia X series.

Microsoft earlier this week was rumoured to be well-ventilated to add together a quarters button in the neighboring series of Nokia X Android phones, a feature that was much-requested by users.

Looking at the specs in the alleged Nokia X2 Dual SIM AnTuTu benchmark listing, the Nokia X2DS (RM-1013) does seem considering a decent successor for the Nokia X Dual SIM smartphone, which waslaunched in India at Rs. 8,599 in March, back receiving a price scrape to Rs. 7,729. With same specifications, we can expect the alleged Nokia X2 Dual SIM to cost in savings account to the amalgamated as the Nokia X Dual SIM at commencement.

Nokia X2




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