Nokia has announced the signing of a new patent cross-license agreement with vivo, encompassing fundamental inventions in cellular technologies for both parties. This agreement resolves the longstanding dispute between Nokia and vivo across all jurisdictions regarding patent payments.
According to Nokia, the agreement involves payments from vivo over a multi-year period, including catch-up payments to address the dispute duration. However, the specific terms of the agreement remain confidential between the involved parties, thus the financial details have not been disclosed.
Last month, Nokia finalized a multi-year 5G patent deal with OPPO, effectively resolving disputes. This marks the sixth significant smartphone agreement Nokia has reached in the past 12 months.
vivo stated that it has submitted patent applications in more than 70 countries and regions, boasting a patent portfolio of 25,000 families as of December 31, 2023. This includes over 6,000 families of 5G standard-essential patents, with over 2,500 families declared to ETSI and approximately 13,500 standard document submissions to 3GPP.
Jenni Lukander, President of Nokia Technologies, expressed:
"We are pleased to have reached an agreement with Vivo, demonstrating mutual respect for intellectual property rights. vivo stands as one of the prominent players in the global smartphone industry. We anticipate delivering more innovation to their users worldwide through our collaboration. By finalizing the licensing agreement with vivo, it underscores Nokia's significant contributions to key technologies in the smartphone industry and ensures long-term stability to our licensing business for years to come."
Xianwen Xu, General Manager of the Legal Affairs Department at vivo, commented:
"vivo has allocated substantial resources to research and development in 5G technology and has established a comprehensive IP portfolio globally, solidifying an industry-leading patent base. To date, Vivo has successfully submitted over 6,000 families of 5G standard-essential patents. We are content to have reached a global cross-license agreement with Nokia. This agreement signifies mutual recognition and respect for each other's patent value in cellular technology and also plays a crucial role in fostering a positive development environment within the industry. vivo consistently prioritizes the establishment and accumulation of intellectual property. We remain committed to investing in the research and development of smart devices and intelligent services, offering exceptional high-tech products and services to users worldwide."
