Nokia 2014 Annual Report Download - page 39

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Business overview
37NOKIA IN 2014
Nokia Technologies has advanced R&D
activities in countries including Finland,
the United Kingdom, and the United States.
Nokia Technologies also collaborates in open
innovation with universities and research
institutes globally.
Nokia Technologies holds several central roles
in standardization bodies and contributes
to standardization work by ling technical
proposals which, when found relevant, are
often accepted and embodied in standards.
In addition, Nokia Technologies develops
reference implementations while dening
the standards, which result in signicant
innovations covering proprietary ways to
implement relevant technologies.
For examples of Nokia Technologies’
R&D achievements in 2014 refer to
“Board review—Main events in 2014—
Nokia Technologies operating highlights.”
Patents and licenses
We manage an IP portfolio with approximately
10 000 patent families comprised of
approximately 30 000 individual patents and
patent applications. In industry terms, our
portfolio is relatively young: ten years from
now, two-thirds of our current patents will
continue to be in force. We continue to renew
our patent portfolio with innovations
produced by our strong R&D team.
Competition
Our current patent portfolio spans a number
of technology categories including radio
connectivity and networking, multimedia,
user interface (“UI“) and software, hardware,
product, and mapping and location services.
As Nokia Technologies expands its successful
licensing program to cover patents which
have not been broadly licensed to date,
as well as proprietary technologies and other
intellectual property, it could face competition
from alternate technologies or solutions.
However, it is too early to anticipate which
of these may be signicant in future.
Breakdown of Nokia Technologies’
IP portfolio
1 Radio, networks and services 43%
2 Multimedia, UI and software 27%
3 Hardware, maps and location 30%
1
3
2
“Nokia Technologies
seesopportunities in
licensing its proprietary
technologies, intellectual
property and brand assets
into telecommunications
and adjacent industries.”