A New Collaboration: Nokia and Xiaomi Sign a Collaboration Agreement
As an old player in the world of mobile phones, the name of Nokia would be familiar in our ears. Although had shifted due to the onslaught of android, but in fact nokia brave and can rise again to compete in the mobile phone market or smartphone. Surely this is greeted warmly by it's fans which are very large, considering it's name that had succeeded several years ago. Especially, now this finnish company is established with one of China's large smartphone companies, Xiaomi.
As informed in gsmarena, Nokia and Xiaomi announced they have signed a business cooperation and patent agreement. The two companies will license each other's cellular standard essential patents. Xiaomi also acquired patents assets as a part of the deal.
Under the agreement, Nokia will provide network infrastructure equipment to Xiaomi. It will improve the capacity and low-power performance of the Chinese manufacturer’s smartphones. Both companies will also work together on data transport and connection solutions. They will eventually explore opportunities for cooperation in the area of Internet of Things.
Xiaomi could make great use of Nokia’s rich patent portfolio if it to expand to western markets. It is currently present in over 30 countries and regions, but most of those are in the SEA region.
Nokia, on the other hand, could learn from Xiaomi’s experience in Internet of Things. The Mi Ecosystem currently has 60 million connected devices, with 8 million of them active on a daily basis.
So, what will be the result of their cooperation later? This will certainly be a warm and interesting discourse in the world of smartphones. Honestly i am also impatient about this.
source: gsmarena
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