Huawei and Nokia Extend Patent License Agreement
On December 23, 2022, Huawei and Nokia officially announced the extension of their patent license agreement. The terms of the agreement remain confidential between the parties.
Huawei has licensed technology to top automakers including Mercedes Benz, Audi, BMW and Porsche as the Chinese tech company seeks to turn its trove of patents into a new revenue source amid a U.S. clampdown on its core businesses.
The patent licensing agreements, reached during the second half of 2022, mean Huawei technologies will be used in 15 million of the 70 million cars produced globally each year, Alan Fan, global head of Huawei’s Intellectual Property Department, told Nikkei Asia.
Huawei has amassed a wealth of patents, especially for technologies related to 5G wireless communication. According to Japan’s NGB Intellectual Property Research Institute, the Chinese company leads by number of declared 5G patent “families,” followed by Qualcomm, Samsung and LG Electronics. A patent family is a group of patents covering similar content.
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