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Daimler to pay Nokia patent fees, ending legal fight Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.
FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo
01 Jun 2021 02:10PM (Updated:
01 Jun 2021 02:10PM) Share this content
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BRUSSELS: Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.
Technology firms want automakers to pay royalties for technologies used in navigation systems, communications and self-driving cars but the latter say their suppliers should pay instead.
Daimler to pay Nokia patent fees, ending German legal spat
By Foo Yun Chee
Reuters
BRUSSELS (Reuters) -Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.
Nokia, which makes 1.4 billion euros ($1.7 billion) in licensing revenues every year, and carmaker Daimler had sued each other in German courts in recent years, with mixed results.
Tech firms want automakers to pay royalties for technologies used in navigation systems, vehicle communications and self-driving cars, but the latter say their suppliers should pay instead, which could reduce the fees for patent holders.