Nokia & Xiaomi sign business cooperation and patent agreements
Nokia has just started their journey this year with the budget segment phone and quite doing well Furthermore Nokia slowly but cleverly taking their step forward to overcome the hurdles in their way, firstly Nokia settles all litigation with Apple over Nokia digital health products and now Nokia has signed a business cooperation and patent agreement with Xiaomi.
Well, this shows the intelligence of Nokia, as it will be hard for Nokia to top the charts and beat the top contenders like – Samsung & Apple all alone. The two companies will license each other’s cellular standard-essential patents. Xiaomi also gets access to some Nokia patents.
The partnership with Nokia will allow the company to work together on a variety of strategic projects. Nokia will provide network infrastructure equipment to Xiaomi, low power requirements as expected by large web providers and data center operators. Together, the companies 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.
“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,” Lei Jun, Chairman and CEO of Xiaomi said.
The most interesting part of the agreement was an agreement to explore Internet of Things, Augmented and virtual reality, and artificial intelligence.
There is no official confirmation about Nokia likely to use Xiaomi’s custom Surge S1 chipset for its future smartphones or not so we can’t say anything on that. The collaboration is aimed to develop smarter cities, rural communities, connected vehicles, industrial automation and more.