Last updated on December 8th, 2022 at 03:14 pm
Nokia has about 20,000 patent families in its portfolio
Nokia and Lenovo settle patent dispute
Although the terms of the mutual licensing agreement and its financial side remain confidential, Nokia says the balance is in its favor.
Nokia launched legal action against Lenovo in 2019, accusing the Chinese manufacturer of infringing 20 patents on video compression technology. Lawsuits have been filed in the United States, Brazil, India, and Germany.
Last September, a Munich court ruled in Nokia’s favor, finding that Lenovo had infringed one of its patents. He ordered the withdrawal of patent infringed products from retail. However, already in November, the ruling was overturned by the appellate court.
“This global agreement will enable our companies to work together for the benefit of customers around the world,” said John Mulgrew, director of intellectual property at Lenovo.
Nokia has a portfolio of nearly 20,000 patent families, including over 3,500 patent families identified as essential for the 5G standard.
