Apple all but conceded defeat Monday in its center-ring showdown with Nokia in the ever-expanding smartphone patent wars, agreeing to settle claims that its core iPhone technology infringes Nokia patents.
In the U.S, the settlement resolves four federal district court suits and four U.S. International Trade Commission proceedings, which together have been keeping Nokia’s lawyers at Alston & Bird and Apple’s lawyers at Kirkland & Ellis and Wilmer Cutler Pickering Hale and Dorr awfully busy over the past two years. The specific terms of the settlement are confidential, but the deal requires Apple to make a one-time payment to Nokia and to pay continuing royalties.
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