Apple and Nokia agree to a new cross-licensing patent pact that includes 5G innovations
Before the iPhone, the Nokia N95 was the most feature-rich smartphone available
Since 2000, Nokia has invested more than 140 billion Euro ($152.9 billion) in Research and Development and has 20,000 patent families (a patent family is the number of patents received in various countries to protect a single invention) including 5,500 patent families deemed essential to 5G connectivity. As essential patents, they must be licensed on fair, reasonable, and non-discriminatory (FRAND) terms.
In 2016, Microsoft sold the rights to the Nokia smartphone brand to a group led by HMD Global. Nokia and Apple do not compete against each other in the smartphone industry and haven’t for some time.
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