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Feb 06, 2024 Chathura Prabhaswara Gamage News 654 hits
The mobile landscape shifted today as Nokia and vivo signed a multi-year patent cross-licensing agreement, resolving all legal disputes and paving the way for vivo's triumphant return to the European market. This deal secures royalties and catch-up payments for Nokia, marking a major win in their licensing renewal cycle. vivo expressed "mutual respect" for Nokia's technology, highlighting the agreement's contribution to a positive industry environment. With this strategic partnership, both companies look forward to long-term stability and continued innovation in the 5G era.
Nokia, vivo, patent agreement, cross-licensing, royalties, 5G technology, European market, smartphone licensing, Jenni Lukander, Nokia Technologies
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