Xiaomi and Nokia Achieves the Patent Cooperation

2017/08/23

On July 5, Xiaomi and Nokia announced that both sides have signed a business cooperation agreement and a patent license agreement valid for several years, of which the latter included cross-licensing of standard essential patents (SEP) in the mobile networks. The acquisition of part of Nokia’s patent assets was also included in this transaction. According to the signed business cooperation agreement, Nokia will provide internet service provider and the basic internet facilities and equipment with high-performance and low-power consumption, which the data center needs.