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IoT and 5G increase the importance of standard essential patents (SEPs)

The companies' future strategic choices will be determined by the outcome of the ongoing license dispute between Nokia and Daimler.

IoT and 5G will affect a number of industries in the future, including also those that are not directly related to the telecommunications industry from the outset. It is therefore important to understand the importance of standard essential patents (SEPs) underlying 5G technology and IoT, and the obligation to pay license fees to their owners.

"In the IoT era, companies should understand that they may enter a new area of ​​technology, take advantage of technology developed by others, and the rules and practices of the game may differ from the norm," say our European Patent Attorneys Kati Leinonen and Kati Vesterinen.

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