Nokia and Xiaomi Officially Coming Together with Business and Patent Agreements

Nokia and Xiaomi signed a business cooperation agreement and a patent agreement, as announced by the two companies. The multi-year patent agreement includes a cross license for the cellular standard essential patents of both the companies. Nokia also provided patent assets to Xiaomi as a part of the official collaboration.

According to the business agreement, Nokia is to offer network infrastructure equipment designed for delivering high capacity and low power requirements. These will suffice the expectations of the large datacenter operators and web providers.

Originally Published In TechGenYZ

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