Nokia and Xiaomi ink patent and equipment deal, Xiaomi buys Nokia patents

July 6, 2017

A year after buying 1,500 patents from Microsoft, Xiaomi is digging into the global intellectual property pool once again. Nokia has announced that it has entered into a wide-ranging patent licensing and purchase deal with Xiaomi, the Chinese maker of smartphones, wearables and other hardware, which will also become a customer of Nokias for networking equipment. The deal covers three main areas: Nokia and Xiaomi have inked a cross licensing…