Nokia Corporation (NYSE: NOK) said it will not achieve its 2023 sales outlook, as licensing renewal discussions are expected to continue into 2024. While there have been intense negotiations between the relevant parties and courts around the world have found in Nokia’s favor, the company will prioritize protecting the value of its patent portfolio versus achieving certain timelines for resolution, the company said in a statement, as reported by Bloomberg. Due to this development and ongoing limitations on customer spending in the quarter, Nokia foresees falling short of its financial predictio…