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Huawei gives Nokia full hand of smartphone patent deals

Nokia has recently struck licensing deals with handset makers including Apple, Samsung Electronics , LG and Xiaomi

Tuomas Forsell | Reuters  |  Helsinki 

Nokia has signed a multi-year smartphone patent licence deal with China’s Huawei — its arch rival in the networks business — giving it royalty agreements with all of the world’s largest handset makers. The Finnish company said on Thursday it would start booking revenue, including a one-off catch-up payment, from the fourth quarter. The two companies did not provide further financial details of the agreement. Nokia has recently struck licensing deals with handset makers including Apple, Samsung Electronics , LG and Xiaomi. Nokia’s patent ...

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First Published: Fri, December 22 2017. 02:38 IST
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