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-   -   Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives. (https://talk.maemo.org/showthread.php?t=96406)

Foxkia 2016-02-01 19:34

Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
http://i1.wp.com/www.nokiapoweruser....ions.jpg?w=599

Nokia Celebrations
Samsung will pay Nokia some additional Licensing Fee after the decision in a patent license arbitration with Samsung has favored Nokia Technologies. In fact this arbitration was awaited for sometime now by investors and it will have positive Financial impact to the tune of around 220-230 million EUR for Nokia annually. Nokia also expects to receive at least approximately EUR 1.3 billion of cash during years 2016 – 2018 related to its settled and ongoing arbitration in Nokia Technologies, including this. Samsung has already been paying a certain Licensing Fee to Nokia and this arbitration brings some more cash to Nokia from Samsung.


Here is the press release,

Nokia receives decision in patent license arbitration with Samsung – positive financial impact for Nokia Technologies

Espoo, Finland – The International Court of Arbitration of the International Chamber of Commerce has issued its award for the binding arbitration between Nokia and Samsung. Nokia and Samsung had previously agreed that this would settle the amount of additional compensation payable to Nokia for the five year extension of their license agreement covering certain Nokia patents for the period beginning on January 1, 2014.

This award covers part of the Nokia Technologies patent portfolio until the end of 2018. Nokia will continue to discuss with Samsung its other relevant intellectual property portfolios. Nokia has strong intellectual property assets consisting of intellectual property rights in the separate Nokia Technologies, Nokia Networks and Alcatel-Lucent portfolios, which include patents essential for a variety of standardized technologies as well as relevant implementation patents and proprietary technologies.




Including this award, Nokia expects Nokia Technologies to report net sales of approximately EUR 400 million in the fourth quarter 2015 and approximately EUR 1 020 million for the full year 2015. These numbers include catch up revenue because the award exceeded revenue estimates already recognized with respect to the period from January 1, 2014 through September 30, 2015. Consistent with Nokia’s outlook, Nokia Technologies net sales for the full year 2015 are expected to increase year on year, even after excluding amounts related to the award. Following the award, as of the end of the fourth quarter 2015, the annualized net sales run rate for Nokia Technologies was approximately EUR 800 million.

Nokia expects to receive at least approximately EUR 1.3 billion of cash during years 2016 – 2018 related to its settled and ongoing arbitrations in Nokia Technologies, including this award. Nokia has also earlier received some related prepayments.

“The use of independent arbitration to resolve differences in patent cases is a recognized best practice, and we welcome the additional compensation payable to Nokia under the extended agreement,” said Ramzi Haidamus, President of Nokia Technologies. “We look forward to further collaboration with Samsung and others in additional licensing opportunities in the mobile communications market and beyond.”

Source

nodevel 2016-02-02 12:43

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
So Nokia basically became a patent troll, just like Microsoft (with Android). Do I get it right?

Not really anything to celebrate, if you ask me.

endsormeans 2016-02-02 17:35

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
Nokia...
Patent-Troll ? ....
uh-oh...

not what anyone needs...

bandora 2016-02-02 18:37

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
Quote:

Originally Posted by nodevel (Post 1497459)
So Nokia basically became a patent troll, just like Microsoft (with Android). Do I get it right?

Not really anything to celebrate, if you ask me.

Honestly this isn't surprising at all. This was obvious ever since the new Nokia company was formed.

I don't think this should be celebrated in anyway, it's actually pretty sad to see this. Nokia was once so great and now.. A patent troll.

endsormeans 2016-02-02 18:39

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
trooth.
I suppose they have to take an aggressive stance since their reformation...
I would hope there won't be any negative impact towards us...

juiceme 2016-02-03 06:19

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
I kind of have to disagree a bit on this even though I feel that patenting and IP procedures in general have degraded far from the original intent of the said legalities.

A patent troll is an entity that just collects/buys/owns patents and actively seeks to enforce the them to squeeze money from other companies that need to use the patented technologies in their products.
Patent trolls do not create any added value, they exist just to shift money from place A to place B.

Nokia on the other hand does active research on RF technologies and licenses the results to other companies for use; this means it sells the fruit of the research for others to make money on their products. Now if it wouldn't do that, the other companies would have to do that research themselves, which increases development costs and time-to-market.

pichlo 2016-02-03 07:35

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
Quote:

Originally Posted by juiceme (Post 1497580)
Nokia on the other hand does active research on RF technologies

But is it "does" or "did"?

Not that there is anything inherently wrong with reaping the fruit of your past labour but somehow it feels less noble and harder to distinguish from a true patent troll.

juiceme 2016-02-03 07:59

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
Quote:

Originally Posted by pichlo (Post 1497585)
But is it "does" or "did"?

Still does. What was sold to MSFT was mostly manufacturing engineering and mass-production capability.

Quote:

Originally Posted by pichlo (Post 1497585)
Not that there is anything inherently wrong with reaping the fruit of your past labour but somehow it feels less noble and harder to distinguish from a true patent troll.

True, and I do feel that Nokia should make a clear distiction between its operations and those of a legal extortion machinery.
Even as we no longer have any customer-oriented business it is still important to have a clean brand image. As for b2b relationships, very much different things matter; the brand image is of course most important but the pont-of-view that general public views a brand is very different from the way a partner views it.

endsormeans 2016-02-03 13:29

Re: Samsung will pay Nokia additional Licensing Fee. Decision in patent license arbitration arrives.
 
easiest way to tell is...
are there 3 goats and a bridge involved?...
If yes...
then ...


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