Nokia, Apple Sign Long-Term Patent License Agreement
Portfolio Pulse from Benzinga Newsdesk
Nokia and Apple have signed a long-term patent license agreement. The details of the agreement have not been disclosed.
June 30, 2023 | 8:19 pm
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Apple has entered into a long-term patent license agreement with Nokia.
The agreement could potentially provide Apple with access to Nokia's patented technology, which could enhance Apple's product offerings and competitive position. However, the financial terms of the agreement are unknown, so it's unclear how it will impact Apple's financials in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Nokia has entered into a long-term patent license agreement with Apple.
The agreement could potentially provide Nokia with a steady stream of licensing revenue from Apple. However, the financial terms of the agreement are unknown, so it's unclear how it will impact Nokia's financials in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50