Daimler, Nokia Call Truce to End War Over Mobile Patents

Bloomberg2021-06-01

Carmaker and technology company sign license agreement Underlying patent dispute watched beyond car industry Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology ...

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AHang
2021-06-01
AHang
Gd
Oleksandr
2021-06-01
Oleksandr
Good news!
HellenKhor
2021-06-01
HellenKhor
Daimler

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The companies agreed not to disclose the terms of the pact in a joint statement.\nThe settlement “is a hugely significant milestone which validates the quality of our patent portfolio, the contribution of Nokia’s R&D to the connected vehicle industry, and the growth opportunities for our automotive licensing program,” Jenni Lukander, president of Nokia Technologies, said in the statement.\nNokia and Daimler locked horns in Germany’s courts last year because the maker of the Mercedes-Benz refused the Finnish company’s demand to pay a lump sum for patents used in its vehicles.\nDaimler instead wanted its suppliers to buy the technology from Nokia, which would mean lower fees for the use of the intellectual property.\nModern automobiles are brimming with electronic gadgetry and the industry has casually likened its products to smartphones on wheels because the wireless technology allows occupants to make calls, stream music or dial emergency services in case of an accident. Traditionally, automakers require that parts suppliers like Continental AG handle patent royalty issues and indemnify them for any demands that may come later.\nThe German litigation last year culminated in a decision by a Dusseldorf court to refer the case to the European Union’s Court of Justice to examine the issue. At that point, Nokia had won two rulings in German courts against Daimler saying the carmaker violated its patents.\n“We welcome the settlement -- from an economic point of view and because we avoid lengthy disputes,” Daimler said in a separate statement.\nWireless-technology companies including Qualcomm Inc.,Sharp Corp. and Nokia joined forces in the Avanci LLC patent pool, which seeks to collect royalties from the car industry by offering a fixed price per vehicle, currently running at $15 a car for a 4G-standard license.\nEarlier this year, Nokia also settled a global litigation dispute it had fought against Lenovo Group Ltd. over patents.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":119898994,"gmtCreate":1622533901418,"gmtModify":1704185762922,"author":{"id":"3582798351383607","authorId":"3582798351383607","name":"AHang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582798351383607","authorIdStr":"3582798351383607"},"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119898994","repostId":1194927813,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":119809191,"gmtCreate":1622532793313,"gmtModify":1704185747772,"author":{"id":"3585391725479808","authorId":"3585391725479808","name":"Oleksandr","avatar":"https://static.tigerbbs.com/e4f57159ea220f696b9db791425a26b6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585391725479808","authorIdStr":"3585391725479808"},"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119809191","repostId":1194927813,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":119800708,"gmtCreate":1622532774504,"gmtModify":1704185746802,"author":{"id":"3585284759675080","authorId":"3585284759675080","name":"HellenKhor","avatar":"https://static.tigerbbs.com/b78bb6b7388078641629d99562265feb","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585284759675080","authorIdStr":"3585284759675080"},"htmlText":"Daimler","listText":"Daimler","text":"Daimler","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119800708","repostId":1194927813,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1194927813"}