Apple has finally capitulated to acknowledge Nokia’s innovations in the mobile industry and have chosen to settle their patent dispute with the Finnish company.
It was odd that Apple initially chose to deny well-documented patents owned by Nokia and which every other manufacturer acknowledged and paid for. But odd as it was, it was typical Apple.
Anyway, the dust is cleared and Apple has thrown in the towel. The US company has now acknowledged Nokia’s industry patents and agreed to pay up. Apple will pay Nokia a lump sum for the use of those patents in already manufactured devices, as well as pay royalty from now on.
Nokia may not be where everyone would like them to be now, but they have been the undisputed most innovative manufacturer in the mobile space till date and have patents that veryone else depend on. It is good to see them reap from where they have sown.
It is interesting to know that Nokia’s patents are so foundational that they benefit from the success of every other mobile maker.