Apple now seems to fight alone cause its rival – Samsung partner with Nokia, which is more wiser. Samsung has just achieved the agreement with Nokia to expand their patent cross-licensing deal.
Nokia and Samsung partnership
Samsung and Nokia settled their patent dispute in the beginning of this year. Nokia’s deal to be Samsung partner was last extended in 2013. Nokia and Samsung partnership is now more closer with the expansion of their patent cross-licensing agreement. This big move is based on the five-year agreement established in February. The expanded agreement provides greater access to each company’s patented technologies. Since then, Nokia’s business seems to change much, in a positive way.
Notably, Nokia used to buy Siemens and make it be Nokia Siemens Networks. So did Alcatel-Lucent, a rival equipment maker, which boosted Samsung partner revenue with $16 million. With the acquisition, Nokia also gained access to Alcatel’s massive patent kit. The agreement announced today may create a positive impact to the net sales of Nokia starting from the third quarter of 2016.
On the other hand, Samsung also some benefits since Nokia intellectual property portfolios are many, from Nokia Technologies, Nokia Networks and Alcatel-Lucent. And Samsung has become one of Nokia huge patent portfolios. The Samsung partner is making sure it continues earning more money by additional patents. Nokia expects its revenue of around $1 billion with such deal. This patent cross-licensing expansion will allow Samsung and Nokia to develop, which is a good news for purchasers.
Samsung partner will need more……
Both Samsung and Nokia still keep silent about the exact list of patents are being covered under this fresh agreement, as well as the new specific listings. Samsung partner and it are more interested in as many patents as they can access to. They just give an overall assessment: “certain additional patent portfolios”. So wait for their lists and their upcoming products.