NOKIA and XIAOMI ink deal for cooperation

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CHINA – 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.

Under the business cooperation agreement, Xiaomi will acquire patent assets from Nokia, as Nokia too will provide network infrastructure equipment designed to deliver the high capacity, low power requirements expected by large web providers and datacenter operators.

Both Nokia and Xiaomi will work together on optical transport solutions for datacenter interconnect, IP Routing based on Nokia’s newly announced FP4 network processor, and a data center fabric solution, as they too agree to explore opportunities for further cooperation, in areas such as Internet of Things, augmented and virtual reality, and artificial intelligence. – sarawakbloggers.net

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