Without revealing too many details, these companies have sealed a patent license agreement that will keep them together for several years.
Nokia and Huawei have partnered in terms of intellectual property.
As they have announced, they have sealed a patent license agreement that will keep them together for several years . Although no details have been specified, neither about the type of patents that Huawei will use nor about the economic agreement reached.
Of course, Nokia expects that the effects of this agreement begin to be noticed in its fourth quarter accounts.
This company has celebrated the alliance highlighting that “Huawei is one of the largest companies in China” which also “is among the leading manufacturers of smartphones inthe world.”
“We are delighted to welcome our family of patent licensees,” said Maria Varsellona, director of legal affairs at Nokia.