Categories: Business

Nokia reaches 4,000 5G essential patent families milestone

The FINANCIAL — Nokia announced today that it has reached the milestone of 4,000 patent families declared as essential to 5G standards. The milestone reflects Nokia’s continued leadership in cellular technology R&D and standardization.

Nokia has played a pivotal role in defining many of the fundamental technologies enabling 5G, working with the 3GPP organization to establish 5G standards and enabling the rollout of 5G networks. As the deployment of 5G accelerates, Nokia’s 5G technology will enable a wide range of use cases, including immersive experiences, connected vehicles and cloud robotics.

Jenni Lukander, President of Nokia Technologies, said: “We’re proud to have reached the milestone of 4,000 high quality patent families declared as essential to 5G but the work does not stop there. Our focus is on innovating for the future. Driving the development of the next generation of cellular standards and enabling entire industries to build upon our inventions.”

Nokia’s industry-leading patent portfolio is built on more than €130 billion invested in R&D since 2000 and over three decades of driving cellular standardization and contains around 20,000 patent families (each patent family consists of multiple individual patents), Nokia notes.

Several independent third-party studies have confirmed Nokia’s leadership in standard essential patents, including 5G, and this year Nokia became one of the first companies to achieve ISO 9001 certification for its high-quality patent portfolio management.

Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the need to make their own substantial investments in R&D.

 

The FINANCIAL

Since 2005

Recent Posts

Second Bank Employee Admits Role in Fraud Conspiracy

PROVIDENCE –  Another former bank employee today admitted to a federal judge that she stole…

5 days ago

Sussex County Woman Sentenced to 34 Months in Prison for Concealing Terrorist Financing to Syrian Foreign Terrorist Organizations

A Sussex County, New Jersey, woman was sentenced today to 34 months in prison for…

5 days ago

Brooklyn Park Man Pleads Guilty to His Role in $250 Million Feeding Our Future Fraud Scheme

Liban Yasin Alishire has pleaded guilty to his role in the $250 million fraud scheme…

5 days ago

Former CEO Of Email Security Company Sentenced To Five Years In Prison

Damian Williams, the United States Attorney for the Southern District of New York, announced today…

5 days ago

Trusted B2B Trading Platform

In today's fast-paced and intensely competitive business world, it is necessary for organisations to constantly…

5 days ago

Part-time working can boost economy and bring economically inactive people back into work

A major new research report into the flexible furlough scheme from Cranfield University’s School of…

5 days ago