Daimler to pay Nokia patent fees, ending German legal spat
The Edge Markets - Automotive·2021-06-02 05:05
BRUSSELS (June 1): Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.
Nokia, which makes 1.4 billion euros ($1.7 billion) in licensing revenues every year, and carmaker Daimler had sued each other in German courts in recent years, with mixed results.
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