Nokia expects to rake in $1.4 billion from patents

Nokia Corp. expects to gain more than a billion dollars in cash from its intellectual-property portfolio in the next three years, including the proceeds from a patent pact with Samsung Electronics Co. signed more than two years ago. The Finnish telecom-equipment maker said on Monday that an arbitration panel has ruled on how much the South Korean company has to pay as part of their 2013 licensing agreement, but didn't disclose the sum itself.