Nokia Fights Patent Battle - Analyst Blog

Date : 05/03/2012 @ 1:32PM
Source : Zacks
Stock : Alphabet Inc. (GOOGL)
Quote : 1094.0  -1.8 (-0.16%) @ 8:00PM
Alphabet Inc. share price Chart

Nokia Fights Patent Battle - Analyst Blog

Nokia Corporation (NOK) has entered into a legal battle claiming that its patents have been violated by rivals Research in Motion Ltd (RIMM), HTC and Viewsonic Corp. The case has been filed in U.S. and Germany against infringements of Nokia’s dual function antennas, power management for mobile devices and various software related patents.          

Presently, Nokia is in dire straits, losing on every front. Nokia remains severely challenged owing to stiff competition, primarily from Apple Inc’s. (AAPL) iPhone, and an array of other smartphone manufacturers using Google Inc’s. (GOOG) Android platform. In this situation if the company fails to protect its patent portfolio, the outcome can be worse.

The company has the strongest patent portfolio in the wireless industry and has spent almost $62 billion in the last two decades in research and development. Nokia possesses a very strong portfolio of around 10,000 patents.

Furthermore, the company has patent licensing agreements with around 41 mobile handset manufacturers who can use its patents. The company earns a healthy royalty income from this licensing agreement. Recently, the company has lost its title as the world’s biggest mobile manufacturer to Samsung Electronics. We believe that Nokia will fight till the end to protect its patent.

For quite some time now Nokia has been defending its patents against other handset manufacturers. Last year, the company filed a lawsuit against iPhone manufacturer Apple Inc. for some of its patents which were settled after Apple agreed to pay a one-time payment and royalty fees.

In this current round of litigation, Nokia has sued HTC for unauthorized use of its proprietary innovations which are not widely licensed. They have also accused California-based tablet maker Viewsonic corp. of infringing four patents relating to 3G and Wi-Fi technology industry standards. According to Nokia, they just want to stop the illegal use of their proprietary technologies in any form.  

Therefore, we retain our long-term Underperform recommendation on Nokia. Currently, Nokia has a Zacks #5 Rank, implying a short-term Strong Sell rating.

APPLE INC (AAPL): Free Stock Analysis Report
GOOGLE INC-CL A (GOOG): Free Stock Analysis Report
NOKIA CP-ADR A (NOK): Free Stock Analysis Report
RESEARCH IN MOT (RIMM): Free Stock Analysis Report
To read this article on click here.
Zacks Investment Research

Alphabet Inc. (NASDAQ:GOOGL)
Historical Stock Chart

1 Year : From Mar 2017 to Mar 2018

Click Here for more Alphabet Inc. Charts.

Alphabet Inc. (NASDAQ:GOOGL)
Intraday Stock Chart

Today : Wednesday 21 March 2018

Click Here for more Alphabet Inc. Charts.

Latest GOOGL Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V:us D:20180322 01:55:44