Nokia announced that it will cap the licensing rate for the Nokia 5G SEP (standard essential patents) portfolio will be capped at EUR 3 per 5G device.
Nokia said its licensing practices for licensing 5G SEPs for mobile phones will be consistent with its licensing undertakings made to relevant SSOs(standard setting organizations).
Beyond mobile phones, Nokia believes that there will be an unprecedented variety of end user devices that will use Nokia innovation. For other categories of devices, Nokia will determine its licensing rates separately and seeks to engage in constructive dialogue with relevant industry participants to define the licensing models best suited for those industries.
This announcement is based on current assumptions of the Nokia 5G SEP portfolio and its anticipated growth, excluding any major acquisitions or changes to corporate structure.