The Traderszone Network

Published in TZ Latest News 30 January, 2016 by The TZ Newswire Staff

Nokia-Samsung patent verdict expected within days

Nokia (NOKIA.HE) and Samsung are expected to settle their two-year patent dispute within days, with analysts forecasting a one-time payment of hundreds of millions of euros for the Finnish company. Nokia entered into a binding arbitration with South Korea’s Samsung in 2013 to settle additional compensations for a five-year period starting from early 2014. The International Chamber of Commerce’s arbitration court is due to make its ruling on the issue imminently.