Nokia has signed a new patent
cross-license agreement with Honor covering both parties' fundamental
inventions in 5G and other cellular technologies.
However, 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 highlighting once again the strength of Nokia’s patent
portfolio and decades-long contributions to cellular standards and other
technologies.”
Wenyu Zhou, Head if 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 the mobile industry. The
conclusion of the patent cross-license agreement shows Honor’s commitment to
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.