Nokia Corporation
Inside information
8 February 2024 at 16:15 EET
Inside information: Nokia concludes smartphone patent license renewal cycle
- Nokia Technologies has signed its last major smartphone agreement that remained under negotiation. This is Nokia’s seventh major smartphone patent license agreement in the past thirteen months
- Nokia Technologies expects significant catch-up payments in Q1 2024 and now has an annual net sales run-rate of approximately EUR 1.3 billion
- Nokia’s licensing business has long-term stability with no major smartphone license agreements expiring for a number of years
Espoo, Finland – Nokia today announced it has signed its last remaining major smartphone patent license agreement and concluded its smartphone patent licence renewal cycle which began in 2021. Nokia Technologies – Nokia’s licensing business – will now enter a period of stability with no major…
