Nokia and Honor ink 5G patent license agreement
This is Nokia's fourth major litigation-free smartphone agreement over the past 12 months.
#nokia #honor #5g #patentlicensing
Nokia just announced that it has inked a 5G patent license agreement with Honor.
The 5G patent license agreement will cover both companies' fundamental inventions in 5G and other cellular technologies.
While the terms of the agreement remain confidential, Nokia boasts that this is its fourth major litigation-free smartphone agreement over the past 12 months.
Most recently, Apple and Nokia signed a long-term 5G patent license agreement in July 2023. Nokia also has a multi-year cross-license patent deal with Samsung that it signed in January 2023, and another with Huawei which it signed earlier in December 2022.
This deal solidifies Nokia's position as a key player in the wireless equipment market. Nokia currently has over 20,000 patent families, of which over 6,000 patent families are declared essential to 5G.
Source: Nokia
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