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Nokia and Apple Sign Long-Term Patent License Agreement for 5G Technologies

On the last day of June, Nokia has come up with official announcementthat a new licensing agreement has been signed with Apple for the use of the company’s patents for various technologies.

The new contract will replace the previous one, which was concluded in 2017, and will run until the end of this year. The new collaboration involves license payments for Nokia’s inventions in 5G and other technologies likely to be directly related to communications and mobile networking.

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The exact details of the contract are not available, but it is known that Nokia will receive payments from Apple over several years for the use of the patents. Naturally, the Finnish technology company is very proud of the new collaboration, highlighting its €140 billion investment in research and development since 2000. In total, the company owns more than 20 thousand different patents, including more than 5.5 thousand for 5G technologies.

Until now, you couldn’t really complain about Apple’s mobile network coverage and Internet connection, as the company sees the possibility that the started cooperation path should be continued. This is my opinion as a user. In the case of Nokia, this is certainly a pleasant financial commitment that provides a solid investment in the company.

2023-07-04 06:00:00
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