Representatives of Finnish company Nokia have informed that the contract on licensing of patents with the world’s largest producer of mobile phones Samsung will be prolonged for 5 years.
Journalists of the “Market Leader” have highlighted that, according to Nokia press release, the South-Korean corporation will pay additional reward for using Nokia patented technology from January 01, 2014 to 2015.
It is worth mentioning that when the Finnish ex-leader of mobile phones market has agreed to sell its business to the software giant Microsoft, it has started paying more attention to patents. From this point sale of telecommunications equipment will become Nokia’s main business. The company’s representatives have also informed about more intense work connected with licensing technologies and strengthening innovative products.
According to the Analytics Team of Forex Trend (Forex Trend enters Masterforex-V Academy rating of forex brokers ), during the third quarter of current year, Nokia’s net loss has reduced to 104 mln. euro from 934 mln. euro, and sales of Lumia devices have reached the record of 8.8 mln. items. In 2012 the company’s net loss per stock used to amount to 26 cents, and its latest result is only 0.02 euro.
