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Apple, Nokia Reach Patent Licensing Agreement

Apple and Nokia said Tuesday they reached a patent licensing agreement that ends a six-month legal dispute over Apple's use of Nokia-patented technology in its iPhones. Nokia sued Apple in the U.S. and 10 other countries for patent infringement after…

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Apple said it wouldn't continue to pay patent royalties to Nokia. The settlement resulted in a new patent licensing agreement in which Apple will pay royalties to Nokia effective in Q2. The companies said the pact involves Apple beginning to sell Nokia-made digital health products in its stores.