Nokia, Apple Sign New Patent Cross-License Agreement Ahead of Expiration
30 Junho 2023 - 5:55PM
Dow Jones News
By Denny Jacob
Nokia on Friday said it signed a new patent cross-license
agreement with Apple to replace the current license that is set to
expire at the end of the year.
The Finnish maker of 5G cellular antennas and other telecom
infrastructure said the terms remain confidential between it and
the iPhone maker.
Nokia said it expects to recognize revenue related to this new
patent license agreement starting in January.
The news comes on the same day that Apple became the world's
first corporation to close with a market value above $3
trillion.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
June 30, 2023 16:40 ET (20:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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