Xiaomi And Nokia Forged A Multi-Year Collaboration And Patent Partnership
Xiaomi x Nokia |
The multi-year patent agreement includes a cross license to each company's cellular standard essential patents. As a part of the transaction, Xiaomi also got patent assets from Nokia.
Xiaomi is one of the world's leading smartphone manufacturers and we are delighted to have reached an agreement with them, said Rajeev Suri, President & CEO of Nokia. "In addition to welcoming such a prominent global technology company to our family of patent licensees, we look forward to working together on a wide range of strategic projects.
As a company seeking to deliver more exciting technological innovations to the world, we are excited at the opportunity to work more closely with Nokia in future, said Lei Jun, chairman and CEO of Xiaomi. Xiaomi is committed to building sustainable, long-term partnerships with global technology leaders. Our collaboration with Nokia will enable us to tap on its leadership in building large, high performance networks and formidable strength in software and services, as we seek to create even more remarkable products and services that deliver the best user experience to our Mi fans worldwide.
Let's hope!
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