Nokia and Lenovo sign patent cross-license agreement

　　Nokia and Lenovo announce that they have signed a multi-year, multi-technology patent cross-license agreement. The terms of the agreement are confidential, as agreed between the parties.

　　Nokia advances connectivity and enables other companies to build on our innovation by licensing the use of our patented technologies. We are pleased to have concluded a cross-licence agreement with Lenovo on an amicable basis. The agreement reflects the strength of Nokia’s patent portfolio, and decades-long investments in research and standardization.

　　Susanna Martikainen, Chief Licensing Officer at Nokia

　　Innovation is central to the success of every technology company. At Lenovo, we invest significantly in R&D to develop new products and technologies, while also supporting the broader technology ecosystem through licensing our intellectual property. Effective IP licensing helps companies innovate faster, meet industry standards, and bring new products to customers more efficiently. This cross-licensing agreement reflects industry best practice and supports continued innovation for the benefit of customers.

　　Taylor Ludlam, VP, Deputy General Counsel, and Chief Intellectual Property Officer at Lenovo

　　Nokia and Lenovo signed their previous agreement in 2021. Both Nokia and Lenovo contribute their inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without making substantial investments in the standards, fuelling innovation and the development of new products and services for consumers.