Nokia Expects Royalties of as Much as $3.5 for Every 5G Phone
Beyond selling 5G (fifth-generation) telecommunications equipment, vendors such as Nokia (NOK), Ericsson (ERIC), and Huawei are also expecting to make money from the arrival of 5G network technology by licensing patents for 5G mobile phones. Handset makers such as Apple turn to innovators such as Nokia to license technologies that allow them to build mobile phones that work properly.