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Nokia has announced it has signed a new patent cross-licence agreement with Apple. This new agreement will replace the current licence that is due to expire at the end of 2023. The terms of the agreement remain confidential between the parties.

Jenni Lukander, President at Nokia Technologies, said of the new agreement: “We are delighted to have concluded a long-term patent licence agreement with Apple on an amicable basis. The agreement reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D and contributions to cellular standards and other technologies.”

Nokia expects to recognise the revenue related to this new patent licence agreement starting in January 2024. The agreement is consistent with the assumptions Nokia has disclosed in the commentary with respect to Nokia Technologies long-term outlook in its Financial Report for Q1 issued on April 20, 2023.

Building on an Industry-Leading Portfolio

Nokia’s industry-leading patent portfolio is built on more than €140 billion invested in R&D since 2000 and is composed of around 20,000 patent families. These include over 5,500 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can licence and use these technologies without the need to make their own substantial investments in the standards, fueling innovation and the development of new products and services for consumers.

All About Nokia

Nokia creates technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today—and work with the company to create the digital services and applications of the future.

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