Daimler to pay Nokia patent fees, ending German legal spat
Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies. Every year in licensing revenues, Nokia makes 1.4 billion euros ($1.7 billion). Carmaker Daimler had sued each other in German courts in recent years, with mixed results. Tech firms want automakers […]
Nokia Q1 Beats Expectations on higher 5G gear demand
Finnish telecom network equipment maker Nokia, said to the report that the first quarter revenue and profit are higher than the expected rate. The sales of 5G equipment has helped much in this growth rate. The quarterly revenue has rose 3%. A consensus figure of 4.72 billion, has been beaten by a 5.08 billion euros […]