Finnish technology giant Nokia has taken legal action against e-commerce giant Amazon and computer hardware company HP alleging the unauthorized use of its cutting-edge technologies in streaming services and devices.
Nokia's Chief Licensing Officer, Arvin Patel, revealed that the lawsuits have been filed in multiple countries, including the United States, Germany, India, the UK, and the European Unified Patent Court. The legal action specifically targets Amazon's alleged use of Nokia's technologies in streaming services and devices. Additionally, a separate lawsuit has been filed against HP Inc. in the US concerning video-related technologies.
In a statement, Patel highlighted that Nokia had engaged in discussions with both Amazon and HP for several years. However, as these talks failed to yield a resolution, Nokia resorted to legal action. He emphasized the importance of fair compensation, stating that companies benefitting from Nokia's research in video streaming should compensate Nokia appropriately for their use of these technologies.
Nokia clarified that litigation was not its first choice, as the company usually settles patent licensing agreements amicably. However, in recent years, regulatory bodies, including the European Commission, have aimed to reduce disputes over technology to prevent prolonged legal battles, which can hinder innovation.
Nokia recently reached a licensing agreement with tech giant Apple although specific terms were not disclosed. This agreement covers Nokia's inventions in 5G and other technologies. Nokia expects to recognize revenue related to this agreement from January 2024 onwards, aligning with the company's long-term outlook disclosed in the first quarter.
Nokia's patent portfolio, valued at over $152.70 billion, reflects the company's substantial investment in research and development. It comprises around 20,000 patents, including over 5,500 declared essential to 5G technology, reinforcing Nokia's position as a leading innovator in the tech industry.
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