Apple has entered into a long-term patent agreement with Nokia
It will not turn out like the brands Oppo or OnePlus, which had to leave the German market
Details of the agreement were not announced
You cannot officially buy Oppo, OnePlus, Vivo, or Realme smartphones in Germany – these brands had to leave the market there due to patent disputes with the Finnish Nokia, because according to the court’s decision, they used its patents illegally. For the same reason, these brands are also leaving other European countries, or are preparing to leave. The same situation threatened Apple, but it did not let the European market take over.
Apple has entered into a patent agreement with Nokia
Although Nokia got rid of its mobile division, it still has a huge number of patents, without which it is practically impossible to build a modern smartphone. Further patents are being added to the Finnish company with the development of 5G networks, so the patent agreement with Nokia is a relatively important matter for the phone manufacturer.
While Oppo let its patent agreement with Nokia expire in June 2021, the contract between Nokia and Apple was set to end at the end of this year. However, the company from Cupertino did not leave its fate to chance and secured a continuation with Nokia well in advance. The Finns boasted on their website that they had concluded a long-term patent licensing agreement with Apple, but the details remain secret for now.
We do not know how long the agreement will last, nor do we know the amount of the license fees. Apparently, Nokia was counting on the conclusion of the contract with Apple earlier, because in the accompanying press release it states that future financial results should correspond to the long-term outlook published on April 20 of this year.
Nokia also boasts that it has invested more than 140 billion euros (about 3.3 trillion crowns) in research and development since 2000. Its portfolio includes roughly 20,000 patent groups, more than a quarter of which relate to 5G networks. With new technologies, Nokia contributes to the development of open standards, which saves technology companies resources for their own development. At the same time, its pricing policy for patent licensing is supposed to be fair, reasonable and non-discriminatory – according to information from 2018, the Finnish company earns roughly 3 euros (about 72 crowns) on every smartphone sold.
Author of the article
Jakub Karásek
A fan of mobile technology, convertibles and wireless charging, a fan of hard music and a lover of fast driving in go-karts, bikes and skis. Opponent of FUP, slow internet and overgrown smartphones.
2023-07-03 05:00:00
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