Nokia, one of the worldÂs largest mobile phone manufactures has resolved a long running patent dispute.
The dispute was with Japanese company ÂKyoceraÂ who used certain technology in CDMA mobile phones and module products. The technology relates to ceramic casings for chips used in mobile phones.
Kyocera will now pay royalties to Nokia everytime they use the technology. Nokia have also agreed a license with Kyocera to enable them to use all the patented technology owned by them. Â
The conclusion to this dispute appears to be the most beneficial to all involved. Nokia willÂ receive royalties which of course are owed to them whilst Kyocera are able to continue makingÂ their product.
As intellectual property is so important to business and industry, it is important that situations such as the above result in a similar way.