Nokia files more patent suits against Apple

Reuters News
Posted: Dec 22, 2016 12:13 PM

HELSINKI (Reuters) - Finnish telecoms networks equipment maker Nokia <NOKIA.HE> said on Thursday it had filed a new set of patent lawsuits against Apple Inc <AAPL.O> in Asia, Europe and the United States.

Nokia Corp had said on Wednesday it was suing Apple, accusing the iPhone maker of violating 32 technology patents. It said on Thursday it had now filed 40 patents suits in 11 countries.

Nokia shares were down nearly 5 percent at 4.496 euros on Thursday as analysts warned a legal battle with Apple could hold up royalty payments that are vital to shoring up the Finnish company's profits.

(Reporting by Tuomas Forsell; Editing by Greg Mahlich)