Nokia recently announced rapid expansion in its automotive patent licensing business, having secured cellular technology licensing agreements with four Chinese automakers. Last week, it signed a new wireless technology licensing contract with Mercedes-Benz, further solidifying its technological position within the global intelligent automotive supply chain.

Nokia stated that its portfolio of 5G standard essential patents (SEPs) now exceeds 7,000, with total patent holdings surpassing 26,000—a significant increase from 20,000 in 2020. Most patents have validity periods exceeding ten years, providing long-term support for its licensing business.

Patrik Hammarén, President of Nokia Technologies, stated that with the new licensing agreement in place, the company has secured approximately €800 million (about RMB 6.558 billion) in recurring licensing revenue annually, extending through 2030.