Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Wu Fei brother's left hand clue delivery! CTOnews.com Nokia and Apple today announced that they have renewed a long-term patent licensing agreement that allows Apple to continue using Nokia's patented inventions in 5G and other technologies.

The agreement between the two companies expires in 2023. The two sides did not disclose specific details of the transaction in the joint statement. It is certain that Apple will pay a certain fee to Nokia.

CTOnews.com Note: Nokia has more than 20000 patents, including 5500 patents related to 5G.

Nokia holds many patents that are considered necessary for contemporary 5G devices, and officials say they will offer their patents on fair, reasonable and non-discriminatory (FRAND) terms, providing users with "reasonable" licensing prices.

Apple and Nokia signed a patent licensing agreement in 2017 following a legal dispute that expires in 2023, and revenue related to Nokia and Apple's latest deal will be reflected in Nokia's earnings for the first quarter of 2024.

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