NOKIA RENEWS PATENT LICENSE AGREEMENT WITH APPLE, COVERING 5G AND OTHER TECHS

Network infrastructure and 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of 2023.

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The deal, which enables Apple to use the Finnish company’s technology in its products, covers Nokia’s inventions in 5G and other technologies. The terms of the agreement announced remain confidential.

5G, or Fifth Generation Technology, is the latest iteration of cellular technology, engineered to greatly increase the speed and responsiveness of wireless networks.