Legal
Nokia (representative image) (David Ramos/Getty Images)
Nokia, the prominent Finnish telecommunications giant, has initiated legal action against Amazon in various global jurisdictions, including the United States and India, for alleged patent infringements related to video technologies.
Additionally, Nokia has filed a lawsuit in a US court against HP (Hewlett-Packard), accusing the company of using Nokia's video technology without authorisation.
Arvin Patel, Nokia's Chief Licensing Officer, revealed that discussions with Amazon and HP had been ongoing for several years.
However, the legal action became necessary as a response to these companies' alleged disregard for established industry rules.
Nokia's legal actions against Amazon have been extended to include Germany, the United Kingdom, and the European Union's patent court.
Nokia emphasised the substantial growth anticipated in the streaming market, projected to reach $300 billion by 2027.
Nevertheless, the company expressed concerns about an apparent disconnect between technology developers and those reaping the most benefits from these advancements.
Nokia underscored its track record of successfully reaching agreements on technology with major device manufacturers like Apple and Samsung.
While Nokia's preference is to engage in amicable agreements with companies utilising its technology, the company has indicated its willingness to pursue legal avenues when necessary.
This legal move follows Nokia's recent announcement that it would reduce its workforce by up to 14,000 employees due to diminishing demand for its 5G equipment in North America, resulting in a profits decline.