Nokia and Apple have reached a long-term patent license agreement to replace the expiring 2023 agreement. The deal covers Nokia’s key innovations in 5G and other technologies, with Apple paying Nokia over several years. 1000
A new patent license agreement has been reached between Nokia and Apple to replace the one that will expire at the end of 2023. The two businesses have a history of legal problems. In 2009, Apple first sued Nokia for allegedly duplicating the iPhone, and Nokia responded by accusing Apple of violating copyright. But after bringing legal action against one another, they came to an agreement in 2011 and again in 2017.
Nokia’s key innovations in 5G and other technologies will be covered by the new licensing agreement, and Apple will pay Nokia over a number of years.
The long-term patent license agreement’s conclusion was welcomed by Nokia Technologies President Jenni Lukander, who also emphasized Nokia’s contributions to other technologies and cellular standards.
“We are pleased to have reached a peaceful arrangement with Apple about a long-term patent licensing. According to Jenni Lukander, president of Nokia Technologies, the deal “reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D, and contributions to cellular standards and other technologies.”
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According to reports, Nokia has spent over 140 billion euros on R&D since 2000, yielding a market-leading patent portfolio of almost 20,000 patent families. More than 5,500 patent families have been identified as being crucial to 5G technology. Nokia upholds the idea of donating its innovations to open standards in exchange for FRAND (fair, reasonable, and nondiscriminatory) licensing.
Nokia had charged Apple with violating a number of its patents, including those owned by Nokia subsidiaries, in the prior 2016 case. However, since their most recent patent issue was resolved in 2011, Apple and Nokia have continued to work together under a license agreement.
It’s encouraging to see Nokia and Apple’s relationship progress with this new IP license arrangement. With this decision, both businesses can concentrate on advancing innovation and development in their individual industries while gaining from a cooperative relationship.
Conclusion
Nokia and Apple have signed a long-term patent license agreement to replace the expiring 2023 agreement. The deal covers Nokia’s key innovations in 5G and other technologies, with Apple paying Nokia over several years. Nokia Technologies President Jenni Lukander praised the deal’s strength, investments in R&D, and contributions to cellular standards. Nokia has spent over 140 billion euros on R&D since 2000, with over 20,000 patent families crucial to 5G technology.
The agreement aims to donate innovations to open standards in exchange for fair, reasonable, and nondiscriminatory licensing. Nokia had previously charged Apple with violating its patents, but since their most recent issue was resolved in 2011, Apple and Nokia have continued to work together under a license agreement.
