Breaking News

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution PlayStation announces FlexStrike wireless fight stick PlayStation Plus Monthly Games for August 2025 Creative Unveils Stage Pro Compact Soundbar Razer Launches BlackShark V3 Pro

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Nokia and Huawei Sign Patent License Agreement

Nokia and Huawei Sign Patent License Agreement

Smartphones Dec 21,2017 0

Nokia has signed a multi-year patent license agreement with Huawei, completing its list of agreements with the world's largest handset makers.

"Huawei is one of China's largest companies and is among the world's leading smartphone manufacturers and we are delighted to welcome them to our family of patent licensees," said Maria Varsellona, chief legal officer at Nokia.

While details of the license agreement remain confidential, Nokia will follow its existing practices for disclosing patent licensing revenue in its quarterly financial reports and expects that revenue for the agreement will begin to be recognized in the fourth quarter of 2017, including an element of non-recurring catch-up revenue, with additional revenues expected during the term of the agreement.

Nokia has recently struck licensing deals with handset makers including Apple, Samsung Electronics, LG and Xiaomi.

More than 90 percent of Nokia's revenue comes from telecoms network equipment, but the licensing payments are highly profitable amid an industry-wide slump in the network business.

Nokia's long catalog of patents covers technology that reduces the need for hardware components in a phone, conserves battery life and increases radio reception, among other features.

Tags: NokiaHuawei
Previous Post
China Accelerates Domestic Memory Chips Fabrication
Next Post
LG Nano IPS Monitors Boast Picture Quality and Thunderbolt 3 Connectivity

Related Posts

  • Huawei Launches Three Innovative Data Storage Solutions for the AI Era

  • HUAWEI showcases next generation of cutting-edge products for Smart and Healthy Living

  • Huawei Brought Super Device to the Smart Office Scenario

  • Innovation Never Stops: Huawei's Seamless AI Life New Products Launch

  • Huawei Unveils Brand New Developer Technologies Including HarmonyOS 3 Developer Preview at HDC 2021

  • Huawei Announces New HUAWEI P50 Series: A New Era of Photography That Breaks the Boundaries of Physics

  • HUAWEI NEXT-IMAGE Awards 2021: The world’s largest smartphone photography competition is back and bigger than ever

  • Ericsson, Nokia, II-VI, Lumentum and Sumitomo Electric, have jointly produced a technical paper on Mobile Optical Pluggables

Latest News

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution
Enterprise & IT

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution

PlayStation announces FlexStrike wireless fight stick
Gaming

PlayStation announces FlexStrike wireless fight stick

PlayStation Plus Monthly Games for August 2025
Gaming

PlayStation Plus Monthly Games for August 2025

Creative Unveils Stage Pro Compact Soundbar
Consumer Electronics

Creative Unveils Stage Pro Compact Soundbar

Razer Launches BlackShark V3 Pro
Consumer Electronics

Razer Launches BlackShark V3 Pro

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed