Finnish technology giant Nokia (HE:NOKIA) has launched lawsuits against Amazon (NASDAQ:AMZN) and Hewlett-Packard (HP (NYSE:HPQ)) in five global jurisdictions, including the U.S., Germany, India, the U.K., and the European Unified Patent Court. The legal action alleges unauthorized use of Nokia's patented technologies by these companies.
Nokia's lawsuits claim that technologies powering services like Amazon Prime TV and HP's computers infringe on its multimedia patents. These patents include areas such as video compression, content delivery, content recommendation, and hardware. The company believes that Amazon and HP have significantly benefited from these inventions in the streaming market, which is anticipated to be worth $300 billion by 2027.
Arvin Patel, Nokia's Chief Licensing Officer, stated that this legal action follows years of unsuccessful discussions with both Amazon and HP. Patel cited these companies' non-compliance with common industry rules as the reason for resorting to litigation. Despite the ongoing lawsuits, Patel emphasized Nokia's commitment to maintaining an open door for constructive dialogue with firms using their patented technology.
These legal actions come amidst concerns over a perceived market imbalance in the streaming industry. However, Nokia has successfully secured agreements with other tech industry leaders like Apple (NASDAQ:AAPL) and Samsung (KS:005930) regarding its patented technologies.
While Nokia is seeking compensation and royalties for this alleged infringement, both Amazon and HP have yet to respond to these allegations.
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