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[Shenzhen, China – January 04, 2024] The global technology brand HONOR announced today it has signed a new patent cross-license agreement with Nokia covering both parties’ fundamental inventions in 5G and other cellular technologies. The terms of the agreement remain confidential between the parties.
Wenyu Zhou, Head of Global Intellectual Property at Honor said: “As both 5G SEP holder and implementor, Honor highly respects IP rights and strongly believes that reasonable value of IP is important to the development of mobile industry. The conclusion of the patent cross-license agreement shows Honor's commitment on innovation to enabling a smart life across all scenarios and all channels, for all people.”
Susanna Martikainen, Chief Licensing Officer Mobile Devices at Nokia said: “We are delighted to have concluded an amicable patent cross-license agreement with Honor, one of the leading players in the Chinese smartphone market. It is the fourth major litigation-free smartphone agreement that Nokia has concluded over the past twelve months, and highlights once again the strength of Nokia’s patent portfolio and decades-long contributions to cellular standards and other technologies.”
With 10% of revenue invested in R&D, HONOR pioneered many industry-first technologies and possesses excellent R&D capabilities to support the development of its full portfolio of smartphones and other smart devices. The number of global patent applications has exceeded 20,000. Sustainable investment on innovation creates a new intelligent world for everyone with its portfolio of innovative products.
About HONOR
HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR’s portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
For more information, please visit HONOR online at https://www.honor.com/global/ or email newsroom@hihonor.com
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