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Nordic-Nokia Agreement Offers Extensive Connected Product and Service Benefits
Nordic Semiconductor (Country Manager for Korea Choi Soo-chul) announced on the 15th that it has signed an agreement with Nokia regarding the use of Standard Essential Patents for Cellular IoT.
Accordingly, companies purchasing Nordic IoT hardware are provided with the opportunity to license Nokia's industry-leading cellular patent portfolio.
This new type of agreement, being conducted for the first time, can streamline and shorten the licensing process for standard essential patents, as well as enhance transparency and predictability for companies providing IoT products and services. Licenses can be used at the end device level, and companies can also continue licensing directly with Nokia.
Nokia has contributed to defining open standards by developing several underlying technologies used in almost all cellular devices and LTE-M and NB-IoT technologies. In fact, it can be considered that almost all devices connected to cellular networks automatically use Nokia's intellectual property (IP).
Kjetil Holstad, Senior Vice President of Product Management at Nordic Semiconductor, stated, “Nordic Semiconductor’s most important role is to enable customers to easily implement IoT. Through this agreement with Nokia, we are able to enhance the clarity and certainty that Nordic cellular IoT customers have sought over the past three to four years by adding transparency and predictability to the initial design process.”
Jenni Lukander, President of Nokia Technologies, said, “Nokia has consistently worked closely with the industry to find effective licensing solutions, and this innovative new approach is another example. This approach is beneficial to both Nordic customers and Nokia, as it streamlines the standard essential patent licensing process in the IoT sector and enables licensing agreements to be concluded more easily, smoothly, and efficiently. Through these efforts, we will support the future growth of the cellular IoT market and ensure that consumers can benefit from a much wider range of connected products and services.”
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