Investing.com | Editor Rachael Rajan
Published Nov 03, 2023 04:43PM ET
Finnish tech firm Nokia (HE:NOKIA) has launched legal action against Amazon (NASDAQ:AMZN) and HP (NYSE:HPQ) over alleged unauthorized use of its video technology patents in multiple jurisdictions, including a federal court in Delaware. The company claims that Amazon’s Prime and Twitch services and HP devices are using technology covered by Nokia’s patents without agreeing to fair licensing terms.
The lawsuits were announced on Friday by Nokia’s Chief Licensing Officer, Arvin Patel. The company is accusing Amazon and HP of not playing by the rules and benefiting from technologies that Nokia invested heavily in developing. The legal actions involve filing cases against Amazon in five jurisdictions: the UK, US, India, Germany, and the EU Unified Patent Court. A separate case is being lodged against HP in the US.
These patents are the result of a €140 billion investment by Nokia since 2000 and cover areas such as video compression, content delivery, content recommendation, and hardware-related aspects. In a blog post, Nokia highlighted its substantial R&D investment over two decades, which includes ownership of more than 20,000 patent families and a €4.5 billion expenditure last year alone.
Despite the ongoing litigation with Amazon and HP, Nokia has successfully concluded licensing agreements with other tech giants like Samsung (KS:005930) and Apple (NASDAQ:AAPL). The company emphasized its technology’s influence in powering industries across multiple countries.
In addition to these cases, Amazon is also facing an antitrust lawsuit from the US Federal Trade Commission.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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Written By: Investing.com
