Nokia and Honor sign 5G patent license agreement

Date:

Share post:

Nokia announced today it has signed a new patent cross-license agreement with Honor covering both parties’ fundamental inventions in 5G and other cellular technologies. The terms of the agreement remain confidential between the parties.

Susanna Martikainen, Chief Licensing Officer Mobile Devices at Nokia said: “We are delighted to have concluded an amicable patent cross-license agreement with Honor, one of the leading players in the Chinese smartphone market. It is the fourth major litigation-free smartphone agreement that Nokia has concluded over the past twelve months and highlights once again the strength of Nokia’s patent portfolio and decades-long contributions to cellular standards and other technologies.”

Wenyu Zhou, Head of Global Intellectual Property at Honor said: “As both 5G SEP holder and implementor, Honor highly respects IP rights and strongly believes that reasonable value of IP is important to the development of mobile industry. The conclusion of the patent cross-license agreement shows Honor’s commitment on innovation to enabling a smart life across all scenarios and all channels, for all people.”

Also Read: How AI is Transforming Gaming

Nokia’s industry-leading patent portfolio is built on more than €140 billion invested in R&D since 2000 and is composed of around 20,000 patent families, including over 6,000 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the need to make their own substantial investments in the standards, fueling innovation and the development of new products and services for consumers.

Check Out The New TalkDev Podcast. For more such updates follow us on Google News TalkDev News.

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.
spot_img

Related articles

How to Overcome Version Control Challenges

Version control systems allow teams to track changes, revert to previous versions, and collaborate more effectively. Despite its importance,...

Arm Unveils Arm ASR: A Mobile-Focused Upscaling Tech Rivaling AMD’s FSR2

Arm has introduced its upscaling technology called Arm Accuracy Super Resolution (Arm ASR), based on AMD’s FidelityFX Super...

Wherefour Unveils New Amazon FBA Integration to Enhance Inventory Management

Wherefour ERP inventory management software has introduced a direct integration to link customers directly to their Amazon FBA...

IGEL Advances Microsoft Partnership with New Windows 365, Intune, and Azure Stack HCI Integrations

IGEL has deepened its collaboration with Microsoft, introducing new integrations and features for its endpoint OS to support...