Nokia has announced that it has signed a new patent cross-license agreement with HONOR covering both parties’ fundamental inventions in 5G and other cellular technologies.
The terms of the agreement remain confidential between the parties, said the company, so there are no details yet on how much the deal is worth. Nokia signed a multi-year 5G patent deal with Samsung last year, and this is the fourth major smartphone agreement that Nokia has concluded in the past 12 months.
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 and highlights once again the strength of Nokia’s patent portfolio and decades-long contributions to cellular standards and other technologies.
Wenyu Zhou, Head of 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 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.