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Nokia and RIM enter into new patent license agreement

Nokia and RIM enter into new patent license agreement 
ESPOO, FINLAND -- (Marketwire) -- 12/21/12 --  RIM payments to Nokia
settle all legal actions between the companies 
Nokia has entered into a new patent license agreement with Research
In Motion. The agreement will result in settlement of all existing
patent litigation between the companies and withdrawal of pending
actions in the US, UK and Canada related to a recent arbitration
tribunal decision. 
The financial structure of the agreement includes a one-time payment
and on-going payments, all from RIM to Nokia.  The specific terms of
the agreement are confidential. 
"We are very pleased to have resolved our patent licensing issues
with RIM and
reached this new agreement, while maintaining Nokia's
ability to protect our
unique product differentiation," said Paul
Melin, chief intellectual property
officer at Nokia. "This agreement
demonstrates Nokia's industry leading patent
portfolio and enables us
to focus on further licensing opportunities in the mobile
communications market." 
During the last two decades, Nokia has invested approximately EUR 45
billion in research and development and built the wireless industry's
strongest and broadest IPR portfolio, with around 10,000 patent
families.  Nokia is a world
leader in the development of handheld
device and mobile communications technologies, which is also
demonstrated by Nokia's strong patent position. 
FORWARD-LOOKING STATEMENTS 
It should be noted that certain statements herein that are not
historical facts
are forward-looking statements, including, without
limitation, those regarding:
A) the expected plans and benefits of
our partnership with Microsoft to bring
together complementary assets
and expertise to form a global mobile ecosystem
for smartphones; B)
the timing and expected benefits of our new strategies, including
expected operational and financial benefits and targets as well
as
changes in leadership and operational structure; C) the timing of
the deliveries
of our products and services; D) our ability to
innovate, develop, execute and
commercialize new technologies,
products and services; E) expectations regarding
market developments
and structural changes; F) expectations and targets regarding our
industry volumes, market share, prices, net sales and margins of
our
products and services; G) expectations and targets regarding our
operational
priorities and results of operations; H) expectations and
targets regarding collaboration and partnering arrangements; I) the
outcome of pending and threatened litigation; J) expectations
regarding the successful completion of
restructurings, investments,
acquisitions and divestments on a timely basis and
our ability to
achieve the financial and operational targets set in connection
with
any such restructurings, investments, acquisitions and divestments;
and K) statements preceded by "believe," "expect," "anticipate,"
"foresee," "target,"
"estimate," "designed," "aim", "plans,"
"intends," "will" or similar expressions. These statements are based
on management's best assumptions and
beliefs in light of the
information currently available to it. Because they involve risks and
uncertainties, actual results may differ materially from the
results
that we currently expect. Factors that could cause these
differences
include, but are not limited to:  1) our success in the
smartphone market, including our ability to introduce and bring to
market quantities of attractive,
competitively priced Nokia products
that operate on the  Windows Phone operating
system that are
positively differentiated from our competitors' products,
both
outside and within the Windows Phone ecosystem; 2) our ability
to make Nokia
products that operate on the Windows Phone operating
system a competitive choice
for consumers, and together with
Microsoft, our success in encouraging and supporting a competitive
and profitable global ecosystem for Windows Phone products that
achieves sufficient scale, value and attractiveness to all
market
participants; 3) reduced demand for, and net sales of, Nokia
products that operate on the Windows Phone 7 operating system in
anticipation and availability
of Nokia products with the new Windows
Phone 8 operating system; 4) the difficulties we experience in having
a competitive offering of Symbian devices
and maintaining the
economic viability of the Symbian smartphone platform during
the
transition to Windows Phone as our primary smartphone platform; 5)
our ability to effectively and timely implement planned changes to our
operational
structure, including the planned restructuring measures,
and to successfully
complete the planned investments, acquisitions
and divestments in order to improve our operating model and achieve
targeted efficiencies and reductions in operating expenses as well as
our ability to accurately estimate the related
restructuring charges
and restructuring related cash outflows; 6) our future
sales
performance, among other factors, may require us to recognize
allowances
related to excess component inventory, future purchase
commitments and inventory
write-offs  in our Devices & Services
business;  7) our ability to realize a
return on our investment in
next generation devices, platforms and user experiences; 8) our
ability to produce attractive and competitive devices in our Mobile
Phones business unit including feature phones and devices with more
smartphone-like features such as full touch devices, in a timely and
cost efficient manner with differentiated hardware, software,
localized services and
applications; 9) the intensity of competition
in the various markets where we do business and our ability to
maintain or improve our market position or respond
successfully to
changes in the competitive environment; 10) our ability to retain,
motivate, develop and recruit appropriately skilled employees; 11)
the
success of our Location & Commerce strategy, including our
ability to establish
a successful location-based platform, extend our
location-based  services across
devices and operating systems,
provide support for our Devices & Services business and create new
sources of revenue from our location-based services and
commerce
assets; 12) our actual performance in the short-term and long-term
could be materially different from our forecasts, which could impact
future estimates of recoverable value of our reporting units and may
result in impairment charges; 13) our success in collaboration and
partnering arrangements
with third parties, including Microsoft; 14)
our ability to increase our speed
of innovation, product development
and execution to bring new innovative and
competitive mobile products
and location-based or other services to the market
in a timely
manner; 15) our dependence on the development of the mobile and
communications industry, including location-based and other services
industries,
in numerous diverse markets, as well as on general
economic conditions  globally
and regionally; 16) our ability to
protect numerous patented standardized or
proprietary technologies
from third-party infringement or actions to invalidate
the
intellectual property rights of these technologies; 17) our ability
to maintain and leverage our traditional strengths in the mobile
product market if we are unable to retain the loyalty of our mobile
operator and distributor customers and consumers as a result of the
implementation of our strategies or
other factors; 18) the success,
financial condition and performance of our suppliers, collaboration
partners and customers; 19) our ability to manage efficiently our
manufacturing and logistics, as well as to ensure the
quality,
safety, security and timely delivery of our products and
services; 20) our ability to source sufficient amounts of fully
functional quality components,
sub-assemblies, software and services
on a timely basis without interruption and on favorable terms; 21)
our ability to manage our inventory and timely adapt our supply to
meet changing demands for our products; 22) any actual or even
alleged
defects or other quality, safety and security issues in our
products; 23) the
impact of a cybersecurity breach or other factors
leading to any actual or alleged loss, improper disclosure or leakage
of any personal or consumer data
collected by us or our partners or
subcontractors, made available to us or stored in or through our
products; 24) our ability to successfully manage the
pricing of our
products and costs related to our products and operations;
25)
exchange rate fluctuations, including, in particular,
fluctuations between the
euro, which is our reporting currency, and
the US dollar, the Japanese yen and
the Chinese yuan, as well as
certain other currencies; 26) our ability to protect the
technologies, which we or others develop or that we license,
from
claims that we have infringed third parties' intellectual
property rights, as
well as our unrestricted use on commercially
acceptable terms of certain technologies in our products and
services; 27) the impact of economic, political, regulatory or other
developments on our sales, manufacturing facilities and assets
located in emerging market countries; 28) the impact of
changes in
government policies, trade policies, laws or regulations where
our
assets are located and where we do business; 29) the potential
complex tax issues and obligations we may incur to pay additional
taxes in the various jurisdictions in which we do business and our
actual or anticipated performance,
among other factors, could result
in allowances related to deferred tax assets;
30) any disruption to
information technology systems and networks that our operations rely
on; 31) unfavorable outcome of litigations;  32) allegations of
possible health risks from electromagnetic fields generated by base
stations and mobile products and lawsuits related to them, regardless
of merit; 33) Nokia
Siemens Networks ability to implement its new
strategy and restructuring plan
effectively and in a timely manner to
improve its overall competitiveness and
profitability; 34) Nokia
Siemens Networks' success in the telecommunications
infrastructure
services market and Nokia Siemens Networks' ability to effectively
and profitably adapt its business and operations in a timely
manner
to the increasingly diverse service needs of its customers;
35) Nokia Siemens
Networks' ability to maintain or improve its market
position or respond successfully to changes in the competitive
environment; 36) Nokia Siemens Networks' liquidity and its ability to
meet its working capital requirements;
37) Nokia Siemens Networks'
ability to timely introduce new competitive products, services,
upgrades and technologies; 38) Nokia Siemens Networks' ability to
execute successfully its strategy for the acquired Motorola
Solutions
wireless network infrastructure assets; 39) developments
under large, multi-year
contracts or in relation to major customers
in the networks infrastructure and
related services business; 40) the
management of our customer financing exposure, particularly in the
networks infrastructure and related services business; 41) whether
ongoing or any additional governmental investigations into
alleged
violations of law by some former employees of Siemens may involve
and
affect the carrier-related assets and employees transferred by
Siemens to Nokia
Siemens Networks; and 42) any impairment of Nokia
Siemens Networks customer relationships resulting from ongoing or any
additional governmental investigations involving the Siemens
carrier-related operations transferred to
Nokia Siemens Networks, as
well as the risk factors specified on pages 13-47 of Nokia's annual
report on Form 20-F for the year ended December 31, 2011 under
Item
3D. "Risk Factors." Other unknown or unpredictable factors or
underlying
assumptions subsequently proving to be incorrect could
cause actual results to
differ materially from those in the
forward-looking statements. Nokia does not
undertake any obligation
to publicly update or revise forward-looking statements, whether as a
result of new information, future events or otherwise,
except to the
extent legally required. 
About Nokia 
Nokia is a global leader in mobile communications whose products have
become an integral part of the lives of people around the world.
Every day, more than 1.3
billion people use their Nokia to capture
and share experiences, access information, find their way or simply
to speak to one another. Nokia's technological and design innovations
have made its brand one of the most recognized in the world. For more
information, visit http://www.nokia.com/about-nokia. 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that: 
(i) the releases contained herein are protected by copyright and    
other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: NOKIA via Thomson Reuters ONE 
[HUG#1666923] 
Media Enquiries: 
Nokia
Communications
Tel. +358 7180 34900
Email: press.services@nokia.com 
www.nokia.com
 
 
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