"Nokia and Vivo Reach 5G Patent Cross-Licensing Agreement"
TL;DR Summary
Nokia has signed a multi-year 5G patent license agreement with Chinese smartphone vendor Vivo, resolving all pending patent litigation between the parties. This marks Nokia's 6th major smartphone licensing agreement in the past 13 months, following deals with Apple, Samsung, OPPO, Honor, and Huawei. The terms of the agreement remain confidential, and Nokia expects its intellectual property licensing business to generate at least 1.4 billion euros of operating profit in 2024.
- Nokia signs 5G patent deal with China's Vivo Reuters
- Vivo signs a multi-year 5G patent cross-licensing agreement with Nokia gizmochina
- Nokia, Vivo Sign 5G Patent Deal, Bringing An End To All Patent Litigation ABP Live
- HONOR signs 5G patent license agreement with Nokia Backend News
- Nokia wraps up yet more SEP litigation with Vivo settlement JUVE Patent
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
55%
159 → 71 words
Want the full story? Read the original article
Read on Reuters