Connect with us

Hi, what are you looking for?

News

Nokia Takes Legal Action Against Amazon and HP for Patent Infringement

Image Source: Michael Vi / Shutterstock

Nokia, a well-known Finnish telecommunications and technology company, has filed lawsuits against Amazon and HP in various countries, including the United States, the United Kingdom, Germany, India, and the European Unified Patent Court. The legal action is based on allegations that Amazon and HP have been using Nokia’s streaming and device technologies without authorization. The purpose of these lawsuits is to uphold Nokia’s intellectual property rights and ensure that companies honor established patent rights.

During the 1990s and early 2000s, Nokia was a pioneer in the mobile phone industry. It has since transitioned into a leading provider of 5G network equipment and holds a substantial portfolio of around 20,000 patents. These patents cover essential technologies that have significantly contributed to the modern streaming industry, including innovations in video compression, content delivery, and recommendation systems.

Arvind Patel, Chief Licensing Officer at Nokia, highlighted the company’s ongoing efforts to engage in discussions with both Amazon and HP regarding licensing agreements. According to Patel, Nokia has been in discussions with both companies for several years, but sometimes resorting to litigation is necessary when companies do not comply with established rules.

Nokia’s position is based on its belief that there is a “mismatch” between those who drive innovations for over-the-top (OTT) services and those who benefit from these innovations without providing proper compensation. Since 2000, the company has invested over €140 billion ($148 billion) in research and development, resulting in a significant patent portfolio covering connectivity and multimedia technologies.

The lawsuits against Amazon and HP claim that both companies have refused to obtain licenses for Nokia’s patented technologies and have proceeded to use these technologies without permission. While Nokia hopes for a resolution through negotiations, it has taken legal action to protect its intellectual property rights.

Amazon has chosen not to comment on the pending litigation, and HP has not responded to Fortune’s request for comment.

In recent developments, Nokia has announced a strategic cost-cutting initiative, including the reduction of 14,000 jobs, to address challenges in the market environment. The company aims to reduce costs by €1.2 billion ($1.3 billion) by 2026.

Despite these challenges, Nokia remains committed to innovation and protecting its intellectual property rights. The company hopes that Amazon and HP will take the necessary steps to respect these rights and reach a licensing agreement.

Image Source: Michael Vi / Shutterstock

You May Also Like

News

Peloton, known for their stationary exercise bikes and treadmills, has faced significant financial challenges over the past year. The company experienced a surge in...

News

Amid the ongoing global supply chain challenges, many retailers in the United States are grappling with surplus seasonal stock, leading to increased storage costs...

News

With the continuous increase in gas prices, a decrease in consumer confidence, and the ongoing conflict in Ukraine, the European economy faces significant challenges....

News

As the demand for electric vehicles grows and the push for environmental sustainability increases, automakers are gearing up to focus more on the development...

News

Today, Brian Armstrong, the CEO of Coinbase, conveyed to his team through a company-wide email that due to declining stock and crypto values and...

News

Recently, Peiter “Mudge” Zatko, a former cybersecurity specialist at Twitter, published a whistleblowing document on the platform. Zatko highlighted several security issues with Twitter,...

News

Zelle is a popular peer-to-peer payment service that allows individuals to send and receive money, similar to apps like Venmo. It is widely used,...

News

Recently, after Chinese President Xi Jinping secured a third term, there was a sharp decline in the stock market in Hong Kong. Investors became...