Skip to content
Subscriber Only

Nokia's Samsung Ruling Is Sign of Challenging Patent Contest

  • Samsung patent revenue falls short of analysts' estimates
  • Getting royalty revenue from phone makers is more challenging
Updated on

Nokia Oyj shares plunged after an award from a Samsung Electronics Co. patent dispute fell short of analysts’ estimates, in a sign that rights holders will struggle to extract more royalty revenue from smartphone makers as global demand for handsets slows.

An arbitration court of the International Chamber of Commerce settled the amount of additional compensation Samsung needs to pay Nokia, the Finnish company said Monday in a statement, without providing exact financial details. The ruling could lead to annual revenue of as much as 200 million euros ($218 million) from Samsung, Sebastien Sztabowicz, an analyst at Kepler Cheuvreux, said in a note to clients. He had predicted as much as 250 million euros.