News has it that a strategic partnership is brewing between Xiaomi and Nokia. Xiaomi is all set to acquire Nokia's patents.
A multi-year patent agreement between the two will include a cross license to each company's cellular standard essential patents. However, there is no word on the financial conditions.
Under the agreement, Nokia, which had recently revamped the feature phone market with its nostalgia-driven 3310, will provide network infrastructure equipment designed to deliver high capacity, low power requirements for large web providers and data centre operators.
Nokia and Xiaomi will work together on optical transport solutions for datacentre interconnect, IP routing based on Nokia's newly announced 'FP4' network processor and a data centre fabric solution.
The companies will also work in newer tech segments such as Internet of Things (IoT), augmented and virtual reality and artificial intelligence (AI).
There is more to it. Reports (via AndroidHeadlines) claim that the collaboration will allow Nokia will deploy Xiaomi's Surge s1 SoC. The Surge S1 is Xiaomi's in-house chipset and was seen in the Mi 5c, an octa-core 64-bit processor clocked at 2.2GHz. It brings improvements such as better call quality and 40 percent more power.
With inputs from PTI