Tuesday, March 29, 2011

Nokia (NOK) Beefs Up Apple (AAPL) Patent Suits

Nokia (NYSE:NOK) and Apple (NASDAQ:AAPL) are both trading lower today, as the mobile giant boosted the number of patent-infringement claims against Apple.

In the second patent infringement filing with the U.S. International Trade Commission against Apple, Nokia says Applie has violated numerous patents they hold in reference to use in iPads, iPods, Macs and iPhones.

Areas covered in the patents include call quality, positioning, use of Bluetooth accessories, multi-tasking operating systems and data synchronization.

Nokia head of IP, Paul Melin said, “Our latest ITC filing means we now have 46 Nokia patents in suit against Apple, many filed more than 10 years before Apple made its first iPhone. Nokia is a leading innovator in technologies needed to build great mobile products and Apple must stop building its products using Nokia’s proprietary innovation.”

Nokia was trading at $8.68, down $0.06, or 0.69 percent, as of 11:43 AM EDT. Apple was trading at $349.84, falling $0.60, or 0.17 percent.

No comments: