Nokia signs licencing deal with Huawei
 

The former maker of rubber boots, Nokia has signed a multi-year smartphone patent license deal with China’s Huawei completing its list of agreements with the world’s largest handset makers and sending its share price up.

The companies did not provide financial details of the agreement, but Nokia said it would start booking revenue, including and a one-off catch-up payment, from the fourth quarter. Nokia has recently struck licensing deals with handset makers including Apple, Samsung Electronics, LG and Xiaomi.
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