Scoopfeeds — Intelligent news, curated.
Nokia (NOK) Wins UK Appeal Blocking Acer and Asus Video Patent Lawsuits
business

Nokia (NOK) Wins UK Appeal Blocking Acer and Asus Video Patent Lawsuits

Yahoo Finance · May 23, 2026, 9:14 PM

Key takeaways

  • On May 12, Nokia won a UK Court of Appeal ruling that permanently blocks London lawsuits brought by Acer and Asus, canceling an upcoming trial over video coding patents.
  • The appellate court halted the cases because Nokia offered to determine fair, reasonable, and non-discriminatory/FRAND licensing terms through arbitration.
  • The ruling impacts a broader global patent dispute.

Nokia (NOK) Wins UK Appeal Blocking Acer and Asus Video Patent Lawsuits Maham Fatima Sun, May 24, 2026 at 4:14 AM GMT+7 1 min read NOKIA.HE 2357.TW NOK Nokia (NYSE:NOK) is one of the best multibagger stocks to buy in 2026. On May 12, Nokia won a UK Court of Appeal ruling that permanently blocks London lawsuits brought by Acer and Asus, canceling an upcoming trial over video coding patents. The decision overturns a previous High Court ruling that had favored the Taiwanese tech companies.

The appellate court halted the cases because Nokia offered to determine fair, reasonable, and non-discriminatory/FRAND licensing terms through arbitration. Another plaintiff, China-based Hisense, settled its related case prior to this appeal hearing.

The ruling impacts a broader global patent dispute. Before Acer and Asus launched the London lawsuits in June 2025, Nokia (NYSE:NOK) had already initiated its own patent litigation across the United States, Germany, India, and Brazil.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop