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Wednesday, 5 July 2017

Nokia and Xiaomi Announces Business Partnership and Patent Agreements




Finnish communications and IT organisation Nokia and Chinese language electronics agency Xiaomi on wednesday (5th july) introduced enterprise collaboration and a multi-yearr patent agreement, along with a go-license to every enterprise's cell preferred-important patents. Xiaomi additionally acquired patent belongings from Nokia as part of the transaction.

Nokia and Xiaomi will work together 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. 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 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.

Lei Jun, chairman and CEO of Xiaomi, said, "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."

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