After a six-month legal dispute over the right to use patents and other intellectual property, Apple and Nokia reached a settlement Tuesday that covers all ends of the lawsuits filed.
The suit came as a result of Apple stating that they would no longer pay to use Nokia's patents, many of which are built into Apple's miscellany of products.
Apple claims that the Finnish telecommunications company is guilty of extortion while Nokia is adamant in defending their intellectual property.
Nokia's former chief executive, Stephan Elop, said the settlement "enables us to focus on further licensing opportunities in the mobile communications market."
This is not the first time that Apple has been involved in a patent dispute. In December there was an installment concerning an ongoing patent dispute between the two electronics giants Apple and Samsung.
In July Apple filed a brief asking the Supreme Court to rule against Samsung in its patent infringement lawsuit.
In January the US District Court for the Northern District of California granted Apple's motion for a permanent injunction against Samsung for infringing upon three software patents.
In August 2014 the US District Court for the Northern District of California denied Apple's request to ban Samsung from selling any of its products that infringed on Apple's patented technology.
Earlier in August 2014 Apple and Samsung agreed to drop all patent infringement lawsuits in courts outside of the US.
(Published by Jurist - May 23, 2017)