Huawei agrees to pay Nokia for patents in multi-year license

December 21st, 2017   decode   news

One of the biggest patent holders in the mobile space is still Nokia, and this was confirmed once more today. Following similar deals it made in the past with the likes of Apple, Samsung, LG, and Xiaomi, the Finnish company has announced that it has agreed to license its patents to Huawei.

It’s a multi-year deal with the Chinese smartphone maker, but no financial details have been provided yet. Nokia did tell its investors that it expects to start booking revenue off of this agreement, including a one-off catch-up payment, by the end of this year. An analyst speculates that Huawei’s…

If you like this blog post, you are free to share it. Description:

Comments are closed.