Nokia said in a statement that the patents in question, “relate to technologies fundamental to making devices,” that are compatible with the GSM, UMTS, or 3G WCDMA, and wireless LAN standards. The company went on to say that the technologies in the suit cover wireless data, speech coding, security and encryption technologies, and that Apple’s iPhones have infringed on all the patents in question since the iPhone launched in 2007.
didn’t immediately return calls for comment. Nokia says Apple violates its patents with the iPhone. The suit pits one of the longtime giants of the mobile-phone market against an upstart that until two years ago had never released a mobile phone. It also comes as Nokia struggles to retain its worldwide market dominance in the face of new competitors.
Nokia remains the world’s largest maker of smartphones, but the company showed how its business has suffered lately with its third-quarter report on Oct. 15. Nokia posted a loss of $836 million and said its worldwide smartphone sales slipped to 16.4 million units from 16.7 million in its second quarter. See full story.
By contrast, when Apple reported its fourth-quarter results on Oct. 19, the company delivered earnings of $1.67 billion, up 46% from the prior year, and said it sold 7.4 million iPhones, a 7% increase from the same period a year ago. Apple shares gave up 10 cents to trade at $204.75, while Nokia shares rose 12 cents to $13.12 in Thursday’s trading session.
[via marketwatch.com]
0 comments
Post a Comment