Xiaomi and Nokia have reportedly announced that both the companies are going to collaborate. The collaboration program will be focused on developing optical transport solution for data center fabric solution, data center interconnect and IP Routing based on Nokia’s latest FP4 network processor. As per online sources, the Finnish IT and communications giant and the Chinese technology Company Xiaomi recently agreed on business collaboration that see them going into a multi-year patent agreement along with cross-licensing to both the firm’s cellular standard-essential copyrights. Nokia has also agreed to give access to its patent assets Xiaomi.
Moreover, Xiaomi will also have access to Nokia’s network infrastructure system that is developed to facilitate the delivery of low powered, high capacity requirements presented by large data centre operators and web provider. Chief executive officer and president Rajeev believes that Xiaomi is currently amongst the top smartphone manufacturers companies and it is to Nokia’s delight to reach such an important agreement. The company is looking forwars to collaboratively work with Xiaomi on a broad range of strategic programs. Xiaomi, which headquartered in China and Nokia will jointly work on developing advanced optical transport solutions. Both the tech firms have also agreed to look into prospects for future cooperation that may be focused on programs addressing further scope in artificial intelligence, Internet of Things (IoT) and augmented and virtual reality.
At present, Xiaomi has presence in more than 30 countries spread across continents. Over the past couple of years, the company has recorded an impressive growth and gained healthy popularity amongst consumers. The company is known for its smartphones that are unique and innovative and come at reasonable prices. Besides smartphones, the company is also recognized as a top Internet of Things (IoT) player. Reportedly, the company’s indigenously developed IoT platform “Mi Ecosystem” has crossed 60 million connected devices with registration of more than around 8 million active connected devices on a daily basis on Xiaomi’s IoT Ecosystem platform.
Senior executives from Xiaomi believe that the collaboration with Nokia will allow them to gain a leading edge in developing large, powerful networks as well as give a formidable strength in providing IT services and software, as it aims to introduce even more amazing service and products that offer the best experience to loyal Mi users all over the world. The company is also planning to partner with HMD Global.