With growing income and a healthy margin patent licensing is confirmed as big business for Nokia 29 Apr 14
Nokia’s Technologies division, which runs the company’s IP licensing programme, generated revenues of €131 million in the first quarter of 2014, a rise of 8% on the previous quarter and a year on year rise of 7%. The amount is roughly equivalent to $181 million. Significantly, it does not include any royalty income from the €1.65 billion, 10-year licensing deal that Nokia agreed with Microsoft as part of the sale of its handsets business to the American company because this only closed last week. Throw that into the equation and it seems reasonable to say that, finally, this financial year Nokia will become a $1 billion a year patent licensing business. And that, remember, is before it really gets its teeth into chasing down many potential licensees in the Android eco-system and elsewhere. In FY 2013, Nokia made €525 million ($733 million) in royalties.
Want to read more?
Register to access two of our subscriber-only articles per month
Subscribe for unlimited access to articles, in-depth analysis and research from the IAM experts
What our customers are saying
IAM explores how businesses can leverage IP rights as real assets beyond their traditional use. As the magazine addresses IP management issues without overly dwelling on legal matters, I consider it an eminently useful reference for innovative business executives.
Dr Frank Cuypers
Subscribe to receive access to the full range of premium business intelligence, insights and analysis, as well as our IP directories, guides and daily news.
Register for more free content
- Read more IAM blogs and articles
- Receive the editor's weekly review by email