Nokia and Apple strike new patent license deal covering 5G and other technologies

Nokia and Apple have signed a new, long-term patent cross-license agreement. The partnership, which marks a significant milestone for both tech giants, replaces the existing license set to expire at the end of 2023.

While the precise terms of the deal have been kept confidential, Nokia said it will receive payments from Apple for a multi-year period. The license covers Nokia's fundamental inventions in 5G and other technologies.

"We are delighted to have concluded a long-term patent license agreement with Apple on an amicable basis. The agreement reflects the strength of Nokia's patent portfolio, decades-long investments in R&D, and contributions to cellular standards and other technologies," said Jenni Lukander, President of Nokia Technologies.

With Nokia and Apple at the helm, the possibilities are endless. From enhanced connectivity to breakthrough advancements in consumer electronics, this renewed alliance is expected to redefine the boundaries of technological innovation.

Last night we announced a new long-term patent license agreement with Apple which covers Nokia's fundamental inventions in #5G and other technologies. Apple will make payments to Nokia for a multi-year period. Read more: https://t.co/DvFb8ioP0g pic.twitter.com/yFTf6eKKSt

— Nokia (@nokia) July 1, 2023

Nokia, renowned for its industry-leading patent portfolio, has invested a staggering €140 billion in research and development since 2000. With around 20,000 patent families under its belt, including over 5,500 patents essential to 5G, the Finnish firm has firmly established itself as a pioneer in technological innovation.

Additionally, Nokia contributes its inventions to open standards, allowing companies to license and use these technologies without the need to make their own substantial investments in the standards under fair, reasonable, and non-discriminatory (FRAND) terms. This approach fosters collaboration, enabling businesses to leverage cutting-edge technologies without the need for substantial individual investments.