Nokia and HONOR Seal 5G Patent License Agreement – 4th in a Year
Nokia has inked a 5G patent license agreement with HONOR, marking their collaboration on essential 5G and cellular technologies. This deal signifies Nokia’s fourth significant smartphone agreement in the past 12 months, highlighting its prowess as a patent licensing entity.
Nokia and HONOR Seal 5G Patent License Agreement
With an impressive patent portfolio encompassing approximately 20,000 patent families, including 6,000 essential to 5G, Nokia positions itself as a leader in the industry. The specifics of the HONOR-Nokia agreement remain confidential, a common practice in such deals.
Interestingly, while HONOR opts for a collaborative approach, its counterpart Oppo has engaged in legal battles with Nokia, yielding unfavorable results in certain European regions. Nokia’s recent partnerships, including extensions with Samsung and Apple earlier in 2023, suggest a strategic move towards fostering cooperation rather than litigation.
As Nokia continues to expand its patent licensing network, the tech community awaits developments and potential agreements with other industry players.
Pokdepinion: The fact that they managed to secure a 4th major deal is amazing. Would not be surprised to see more following suit.
