Monday, November 4, 2013

Samsung extended use of nokia patents for next five year

Mobile phone giant nokia and market leader Samsung both agreed to extended their agreement for next five years.Samsung will pay additional compensation for patent use from January 1 2014 onwards,total amount will be paid at end of 2015.Nokia's mobile & service unit will be acquired by Microsoft soon,but not the patents so it will give some lights to Nokia corporation.nokia is the second highest patent filed company after IBM.

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