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Nokia Files More Patent Suits Against Apple

December 22, 2016, 5:50 PM UTC
Apple Inc. Announces New iPhone And iPad Pro
Tim Cook, chief executive officer of Apple Inc., speaks during an Apple event in Cupertino, California, U.S., on Monday, March 21, 2016. Cook is expected to unveil a smaller iPhone Monday in attempt to woo those who are holding on to older versions. Photographer: David Paul Morris/Bloomberg via Getty Images
David Paul Morris — Bloomberg via Getty Images

Finnish telecom networks equipment maker Nokia said on Thursday it had filed a new set of patent lawsuits against Apple in Asia, Europe and the United States.

Nokia 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% 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.