Nokia and Huawei Sign Patent Deal
Nokia today said it has signed a multi-year patent licensing agreement with Huawei. Terms of the deal, including the patents in question and pricing structure, were not disclosed. Both companies make telecommunications equipment used by wireless network operators. Huawei also makes phones, while Nokia-branded handsets are made by HMD Global. "Huawei is one of China's largest companies and is among the world's leading smartphone manufacturers and we are delighted to welcome them to our family of patent licensees," said Maria Varsellona, chief legal officer at Nokia. Nokia said the only information it will share regarding the deal will appear as licensing revenue on its quarterly earnings statements.
Dec 31, 2018
President Donald Trump is weighing new action against Chinese telecommunications equipment makers Huawei and ZTE, says Reuters. The President might issue an executive order that would bar U.S.
Apr 17, 2018
The FCC today moved forward with a plan that would make it harder and/or more expensive for U.S. companies to buy equipment from corporations that might pose a security risk.
Jun 22, 2018
Apple hopes to nullify four patents held by Qualcomm as the two tech giants continue to tussle over licensing and fees. Specifically, Apple filed petitions with the U.S.
Mar 16, 2021
Chinese telecom giant Huawei announced plans to be more aggressive about collecting royalties for its patents related to 5G technology, including collecting up to $2.50 per 5G smartphone sold. Huawei has over 3,000 patents related to 5G, about 18% of which are essential to the 5G standard, according to intellectual property research organization GreyB.