Nokia has signed a multi-year patent license agreement with Chinese consumer electronics manufacturer Hisense, covering the use of Nokia’s video and multimedia technologies in Hisense televisions.
Under the agreement, Hisense will make royalty payments to Nokia for the licensed technologies. The deal also resolves all patent-related litigation between the two companies across all jurisdictions. Financial terms were not disclosed, in line with the confidentiality agreement reached by both parties.
The agreement marks Nokia’s first patent licensing deal with Hisense and further expands Nokia’s growing portfolio of intellectual property agreements in the video and multimedia space.
Commenting on the development, Susanna Martikainen, Nokia’s Chief Licensing Officer for Wireless Technologies, said the agreement reflects Nokia’s long-standing leadership in video innovation and standardization.
“Nokia enables other companies to build on our innovation by licensing the use of our patented technologies, and we are delighted to have reached an agreement with Hisense which recognizes Nokia’s leadership in video and multimedia research and standardization,” Martikainen said.
Nokia is a leading developer of video and multimedia technologies, with innovations spanning video compression, content delivery, content recommendation systems, and hardware-related technologies. Over the past 25 years, the company has created more than 5,000 inventions that underpin a wide range of multimedia products and services used globally.
The Finnish technology group continues to invest heavily in multimedia and video research, playing an active role in global standardization efforts. Its licensing business is a key pillar of Nokia’s strategy to monetize its research and development investments while enabling broader industry adoption of advanced technologies.
For Hisense, the agreement provides access to Nokia’s patented video technologies for its television products, while eliminating ongoing legal disputes and providing long-term certainty around intellectual property use.
