Standardization is pivotal for the telecommunication industry. As long-standing leaders in the industry, we also keep contributing to key telecommunications standards, as well as other technologies.
Our strong patent portfolio covers our world-class contributions to advanced telecommunications and other technologies. It has been recognized as one of the world's most extensive and valuable assets, particularly with respect to telecommunications standards.
We view licensing and cross-licensing of patents as key practices to implement world-wide, collaborative innovation and to recoup return on R&D investment, including FRAND licensing of patents covered by FRAND commitments, subject to reciprocity.