Reuters logo
Nokia says to get more than it gives to Microsoft this year
March 7, 2013 / 2:50 PM / 5 years ago

Nokia says to get more than it gives to Microsoft this year

HELSINKI (Reuters) - Finnish mobile phone maker Nokia NOK1V.HE said on Thursday that it will receive more royalty payments from Microsoft (MSFT.O) than it pays to the software giant this year.

Picture shows a Nokia logo at a shop in Warsaw, January 26, 2012. REUTERS/Kacper Pempel

Nokia, which adopted Microsoft’s Windows Phone software for its mobile phones in 2011, said its payments to Microsoft will exceed what it receives from the U.S. company by around $650.00 million over the remainder of the agreement to pay each other royalties.

Reporting by Ritsuko Ando; editing by Keiron Henderson

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below