Xiaomi signs agreement with Nokia phone to acquire key patent assets from the company

collected by :Roy Mark

In a strategic move, Chinese tech main Xiaomi and Finnish mobile smartphone industrialist Nokia smartphone on five July signed an agreement for business collaboration and patent licencing where Xiaomi going to acquire key patent assets from Nokia. The multi-year patent agreement includes a cross license to each company's cellular standard essential patents. Nokia and Xiaomi going to work together on optical transport solutions for datacentre interconnect, IP routing based on Nokia's newly reported 'FP4' network processor and a information centre fabric solution. Beyond smartphones, Xiaomi is too a leading IOT player. The Mi Ecosystem IoT platform has crossed sixty mn connected devices, and there are this time over 8 mn every day active connected devices on the Mi Ecosystem platform.

Nokia gets $2 bn payment from Apple in a patent infringement case

Apple has paid $2 bn to Nokia phone as fraction of the settlement for a patent infringement status among the companies. This promoted cash flow of $2 bn is the amount paid with Apple to Nokia phone under the patent infringement case. According to another report with the site the PR team of Nokia phone approved the cash payment with Apple that was Guessed to be paid with the firm under the patent infringement case. Following the patent infringement status Apple had to pull out all products Utilizing infringing tech from its on-line and retail Apple stores across the countries. Nokia and Apple have been in a legal fight since 2011, the time Nokia phone filed a complaint versus Apple for licensing fees.

Huawei gives Nokia phone complete hand of phone patent deals

as declared in Nokia has signed a multiyear phone patent licence bargain with China's Huawei phone – its arch elect in the networks business – giving it royalty agreements with all of the world's largest handset makers. Nokia has soon struck licensing deals with handset makers involving Apple, Samsung Electronics, LG and Xiaomi. Huawei is the biggest producer of telecoms equipment with income and the world's 3rd largest producer of smartphones. Early final year Nokia phone struck a patent licensing bargain with Samsung on terms that disappointed its investors. But earlier this year it signed a broad cross licensing bargain with Apple, that was seen as favourable to Nokia.

Huawei gives Nokia phone complete hand of phone patent deals