Nokia And Apple Signed Long-term Patent License Agreement
Portfolio Pulse from Charles Gross
Nokia and Apple have signed a new patent cross-license agreement, replacing the current license due to expire at the end of 2023. The terms of the agreement remain confidential.
June 30, 2023 | 8:22 pm
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Apple has renewed its patent cross-license agreement with Nokia, ensuring continued access to Nokia's patents.
The renewal of the patent agreement ensures Apple's continued access to Nokia's patents, which could be crucial for its product development. However, as the terms of the agreement are confidential, it's unclear how this will financially impact Apple in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Nokia has renewed its patent cross-license agreement with Apple, ensuring continued revenue from Apple's use of its patents.
The renewal of the patent agreement ensures Nokia's continued revenue from Apple's use of its patents. However, as the terms of the agreement are confidential, it's unclear how this will financially impact Nokia in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50