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.
