Finnish communications and IT company Nokia and Chinese Electronics giant Xiaomi on Wednesday (5 July), agreed on a collaboration and a multi-year patent agreement. This includes cross-license to each company’s cellular standard-essential patents. Xiaomi as a part of the transaction has acquired patent assets from Nokia. As per the agreement, Nokia would provide network infrastructure equipment which is designed to deliver high capacity, low power requirements that are expected by most of the large web providers and operators of the data center. This is going to assist operations in over 30 countries.
President and CEO of Nokia Rajeev Suri said “Xiaomi is one of the world’s leading smartphone manufacturers and we are delighted to have reached an agreement with them. 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.”
Apart from the fact of giving the hardcore competition to its competitors in smartphones, Xiaomi has also the Internet of Things (IoT) ecosystem, under which the company claims has crossed over 60 million connected devices.
The Chairman and CEO of Xiaomi, Mr.Lei Jun stated, “Our collaboration with Nokia will enable us to tap on its leadership in building large, high-performance networks and formidable strength in software and services, as we seek to create even more remarkable products and services that deliver the best user experience to our Mi fans worldwide.”
Together the companies would work on optical transport solutions for data center interconnect, IP Routing based on Nokia‘s newly announced FP4 network processor, and a data center fabric solution. Again the companies would join together for the exploring Internet of Things (IoT), augmented and virtual reality, and artificial intelligence.
On a separate note, HMD Global and Xiaomi have signed an agreement which would mean that the Nokia smartphone in future will feature Surge S1 SoC. The reports of the same are yet to arrive.
The two agreements are separate and we would, of course, get to see diverse technological aspects introduced by the companies accordingly.