Nokia reaches 4,000 5G essential patent families milestone

Nokia announced that it has reached the milestone of 4,000 patent families declared as essential to 5G standards.
Nokia Finland jobJenni Lukander, President of Nokia Technologies, said: “We 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.”

Nokia has built its patent portfolio on an investment of more than €130 billion in R&D since 2000. It has  around 20,000 patent families.

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

Nokia said it 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.