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Subject : Nokia & Xiaomi to Collaborate
Nokia and Xiaomi announced that they have signed a business collaboration agreement and a multi-year patent agreement, including a cross-license to each company’s cellular standard-essential patents. Xiaomi also acquired patent assets from Nokia as part of the transaction.“XIAOMI IS ONE OF THE WORLD’S LEADING SMARTPHONE MANUFACTURERS AND WE ARE DELIGHTED TO HAVE REACHED AN AGREEMENT WITH THEM,” –RAJEEV SURI, PRESIDENT & CEO OF NOKIA“IN ADDITION TO WELCOMING SUCH A PROMINENT GLOBAL TECHNOLOGY COMPANY TO OUR FAMILY OF PATENT LICENSEES, WE LOOK FORWARD TO WORKING TOGETHER ON A WIDE RANGE OF STRATEGIC PROJECTS.” Under the business cooperation agreement, Nokia will provide network infrastructure equipment designed to deliver the high capacity, low power requirements expected by large web providers and data centre operators. Nokia and Xiaomi will work together on optical transport solutions for data centre interconnect, IP Routing based on Nokia’s newly announced FP4 network processor, and a data centre fabric solution. In addition, the companies have agreed to explore opportunities for further cooperation, in areas such as Internet of Things, Augmented and virtual reality, and artificial intelligence. With a presence in over 30 countries and regions, Xiaomi is well known for its smartphones packed with innovative technologies at disruptive prices. Beyond smartphones, Xiaomi is also a leading Internet of Things player. The Mi Ecosystem IoT platform has crossed 60 million connected devices, and there are now over 8 million daily active connected devices on the Mi Ecosystem platform. “AS A COMPANY SEEKING TO DELIVER MORE EXCITING TECHNOLOGICAL INNOVATIONS TO THE WORLD, WE ARE EXCITED AT THE OPPORTUNITY TO WORK MORE CLOSELY WITH NOKIA IN FUTURE,” –LEI JUN, CHAIRMAN AND CEO OF XIAOMI About Nokia
We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry’s most complete, end-to-end portfolio of products, services and licensing. From the enabling infrastructure for 5G and the Internet of Things to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. About Xiaomi
Xiaomi was founded in 2010 by serial entrepreneur Lei Jun based on the vision “innovation for everyone”. We believe that high-quality products built with cutting-edge technology should be made accessible to everyone. With a presence in over 30 countries and regions, Xiaomi is expanding its footprint across the world to become a global brand.
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