Nokia and Honor Sign Patent Cross-License Agreement for 5G and Cellular Technologies

Nokia and Honor Sign Patent Cross-License Agreement for 5G and Cellular Technologies

(IN BRIEF) Nokia has entered into a patent cross-license agreement with Honor, a leading player in the Chinese smartphone market. The agreement covers the essential inventions related to 5G and other cellular technologies, and the terms remain confidential. Nokia’s Chief Licensing Officer, Susanna Martikainen, highlighted the strength of Nokia’s patent portfolio and its contributions to cellular standards, noting that this is the fourth major litigation-free smartphone agreement Nokia has signed in the past year. Honor’s Head of Global Intellectual Property, Wenyu Zhou, emphasized the importance of IP rights and reasonable IP value for the mobile industry’s development. Nokia’s patent portfolio consists of over 20,000 patent families, including more than 6,000 declared essential to 5G, which can be licensed on fair, reasonable, and non-discriminatory (FRAND) terms.

(PRESS RELEASE) ESPOO, 5-Jan-2024 — /EuropaWire/ — Nokia announced it has signed a new patent cross-license agreement with Honor covering both parties’ fundamental inventions in 5G and other cellular technologies. The terms of the agreement remain confidential between the parties.

Susanna Martikainen, Chief Licensing Officer Mobile Devices at Nokia said: “We are delighted to have concluded an amicable patent cross-license agreement with Honor, one of the leading players in the Chinese smartphone market. It is the fourth major litigation-free smartphone agreement that Nokia has concluded over the past twelve months and highlights once again the strength of Nokia’s patent portfolio and decades-long contributions to cellular standards and other technologies.”

Wenyu Zhou, Head of Global Intellectual Property at Honor said: “As both 5G SEP holder and implementor, Honor highly respects IP rights and strongly believes that reasonable value of IP is important to the development of mobile industry. The conclusion of the patent cross-license agreement shows Honor’s commitment on innovation to enabling a smart life across all scenarios and all channels, for all people.”

Nokia’s industry-leading patent portfolio is built on more than €140 billion invested in R&D since 2000 and is composed of around 20,000 patent families, including over 6,000 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the need to make their own substantial investments in the standards, fueling innovation and the development of new products and services for consumers.

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Steven Bartholomew
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Email: steven.bartholomew@nokia.com

SOURCE: Nokia