Nokia and Apple Sign New Patent Licensing Deal Through 2030
- Nokia and Apple announced a new long-term patent cross-license agreement to replace a previous deal set to expire.
- The agreement includes Nokia's 5G technology patents and requires Apple to make payments to Nokia starting in 2024.
- The specific terms of the confidential deal were not disclosed.
- Nokia's portfolio includes over 20,000 patents, with 5,500 essential to 5G technology.
- The new deal resolves previous legal disputes between the two tech giants.