Nokia and Apple agreed to replace a cross-licensing patent agreement that expires at the end of this year with a new agreement.
Back in May 2017, Nokia and Apple signed a cross-patent licensing pact under which the Finnish networking firm would provide Apple with « certain network infrastructure products and services. » Apple, for its part, agreed to resume the sale of Nokia health products in its physical and online stores. And to the chagrin of attorneys, litigation between the two companies was considered settled.The agreement signed back in May 2017 is scheduled to expire at the end of this year and Nokia announced today that it has entered into a new long-term patent license agreement with Apple that covers Nokia’s 5G innovations and other technological advancements patented by Nokia. While the terms of the agreement were not released, Nokia said that under the new patent licensing pact it will start to receive payments from Apple for several years starting in January 2024.
