Nokia won, Apple settles legal row
Nokia has claimed its competitor Apple had agreed to pay royalties for using Nokia technology in its devices, ending all of their ongoing patent disputes.
The Finnish mobile phone giant said details of the contract were confidential.
The deal constitutes a massive victory for Nokia and brings to an end years of tit-for-tat suits that have seen Nokia file 46 complaints against Apple, which has hit back with numerous countersuits against the Finnish company.
Nokia said both companies had now agreed to withdraw all the complaints they had filed with the US International Trade Commission.
The Finnish company, which has been struggling to maintain its position as global market leader, also said the deal should have "a positive financial impact" on its second-quarter performance.
Ending the disputes, which the companies had been fighting simultaneously in the US and European courts, should boost morale at Nokia, which is struggling to reverse plummeting market share at the hands of the Chinese manufacturers and smartphone rivals Apple and Google.
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