Apple and Nokia Renewed Long-Term 5G Patent License Agreement

  • Apple and Nokia have struck a fresh, long-term patent license agreement, granting Apple access to Nokia’s 5G and other innovations.
  • The new contract replaces a previous one that was due to finish by end of 2023, with payment terms remaining undisclosed.
  • Nokia’s 20,000-plus patent portfolio, including 5,500 5G-related patents, are mostly offered on fair, reasonable and non-discriminatory (FRAND) terms; deal revenues to reflect in Nokia’s Q1 2024 earnings.
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