In May 2017, Nokia and Apple reached an agreement to cross-license patents and collaborate on network infrastructure products and services. As part of the deal, Nokia’s health products were allowed to be sold in Apple’s physical and online stores. This resolution effectively settled their ongoing legal disputes.
The original agreement, set to expire at the end of this year, has now been replaced with a new long-term patent license agreement between Nokia and Apple. This new agreement covers Nokia’s 5G innovations and other technological advancements protected by Nokia’s patents. While the specific terms of the agreement were not disclosed, Nokia announced that it will begin receiving payments from Apple starting in January 2024 and continuing for several years.
Under the expiring agreement, Apple made an initial cash payment to Nokia, the amount of which remained undisclosed. Apple also made additional payments to Nokia throughout the duration of the agreement. Jenni Lukander, President of Nokia Technologies, expressed her satisfaction with the new long-term agreement, emphasizing Nokia’s strong patent portfolio, extensive research and development investments, and contributions to cellular standards and other technologies.
Nokia has been a major player in the telecommunications industry, investing over 140 billion Euros ($152.9 billion) in Research and Development since 2000. The company holds 20,000 patent families, including 5,500 deemed essential to 5G connectivity. These essential patents must be licensed under fair, reasonable, and non-discriminatory (FRAND) terms.
While Nokia was once the top-selling smartphone brand globally, the introduction of the iPhone in 2007 prompted the company to sell its smartphone division to Microsoft in 2014. This move aimed to create a stronger third competitor in an industry dominated by iOS and Android. However, Microsoft’s lack of developer support hindered their success with the Nokia brand.
In 2016, Microsoft sold the rights to the Nokia smartphone brand to HMD Global. Today, Nokia and Apple no longer compete against each other in the smartphone industry.
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Alex Smith is a writer and editor with over 10 years of experience. He has written extensively on a variety of topics, including technology, business, and personal finance. His work has been published in a number of magazines and newspapers, and he is also the author of two books. Alex is passionate about helping people learn and grow, and he believes that writing is a powerful tool for communication and understanding.
