(MENAFN) Telecoms networks equipment maker, Nokia, announced it had filed a lawsuit against Apple Inc. in Asia, Europe, and the United States.
Finnish firm said it was suing Apple over violating 32 technology patents, and it had now filed 40 patents suits in 11 countries.
Moreover, Nokia shares were down nearly 5% at 4.496 euro, while analysts warned a legal battle with Apple could hold up royalty payments that are vital to shoring up the Finnish company's profits.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.