Chipset maker Qualcomm has just announced it has reached an agreement with HMD Global, the Finnish company behind the Nokia-branded smartphones, concerning 5G patents. Under the terms of the agreement, Qualcomm has granted HMD Global royalty-bearing patent licenses to develop, manufacture and sell branded 5G devices.

Basically, the announcement confirms HMD plans to release a 5G-enabled smartphone in the coming future and becoming Qualcomm's new 5G licensee is a necessary step. Also, the US company revealed that with the addition of HMD Global, it now has over 35 5G licensees and continues ...