Global tech giants HONOR and Nokia recently signed a new patent cross-license agreement that covers both companies’ “fundamental inventions in 5G and other cellular technologies.”
The exact terms of the agreement between HONOR and Nokia remain confidential between the parties.
“We are delighted to have concluded an amicable patent cross-license agreement with HONOR, one of the leading players in the Chinese smartphone market,” Nokia Chief Licensing Officer Mobile Devices Susanna Martikainen said.
According to Martikainen, this is Nokia’s fourth major litigation-free smartphone agreement in the past 12 months, underscoring Nokia’s robust patent portfolio and its contributions to cellular standards and other technologies over the years.
“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,” HONOR Head of Global Intellectual Property Wenyu Zhou also shared.
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