Today (March 24th) Nokia announced that it has declared more than 3,000 patent families to the European Telecommunications Standards Institute (ETSI) as essential for the 5G standard, reflecting its continuing leadership and strong momentum in cellular technology R&D and standardization.
Highlights (Press release) :
Nokia’s contributions in innovation and standardization are the product of over €129bn of investment into research and development over the past two decades, and approximately €4.4bn R&D expenses last year alone. With the latest declarations, the portfolio of Nokia cellular standard essential patents (SEPs) declared to one or more of the 2G, 3G, 4G and 5G standards spans more than 3,400 patent families, of which more than 3,000 are relevant to 5G standards. This SEP portfolio has more than doubled in size over the past five years, with Nokia having a leading market share. Nokia Bell Labs produces the majority of these SEPs, and Nokia Technologies business manages and licenses this patent portfolio, with more than 200 licensees, including most major smartphone vendors and many automotive brands.
Marcus Weldon (Nokia Chief Technology Officer and President of Nokia Bell Labs) said :
“Nokia has defined many of the fundamental technologies used in virtually all mobile devices and digital systems and networks, and these inventions are critical to the new Industrial Internet of Things era. We standardize these inventions to allow widespread utilization and adoption. The benefits of 5G are initially in massive amounts of new capacity for consumers, but as the new technology and network architecture develops, it will enable new applications for enterprises and industrial businesses, with end-to-end 5G networks forming the critical fabric for the Fourth Industrial Revolution, with Nokia Bell Labs once again at the heart of this revolution.”
Jenni Lukander (President of Nokia Technologies) said :
“I am thrilled that our R&D efforts are creating new opportunities for the consumer and industrial technology ecosystem, as the 5G era gathers momentum. As an inventor for the long-term, Nokia is able to innovate for a 5G future because of the fair reward we earn through licensing the standardized technologies created from our extensive R&D investments. This virtuous cycle creates vast new potential in 5G technologies, and I am excited for the possibilities ahead.”
Over 3,000 patent families as essential for 5G is a big announcement by Nokia. For complete detailed analysis you can check out the official press release here.
Stay tuned for further updates 🙂