"Nokia and Apple Extend Patent License Agreement to Include 5G and More"

Nokia has signed a new long-term patent license agreement with Apple, replacing the current deal set to expire in 2023. The agreement allows Apple to use Nokia's technology, including inventions in 5G and other technologies. The terms of the agreement remain confidential, and Nokia expects to recognize revenue from the deal starting in January 2024. Nokia's patent portfolio is built on over €140 billion invested in R&D since 2000 and includes over 5,500 patent families essential to 5G.