NEW YORK, Jan 8, 2026, 08:12 EST — Premarket
Nokia Oyj said on Thursday it signed a multi-year patent licence with Hisense covering the use of Nokia’s video technologies in Hisense televisions, ending all patent-related litigation between the companies. Nokia’s U.S.-listed shares were indicated around $6.80 in premarket trading. “We are delighted to have reached an agreement with Hisense,” Susanna Martikainen, Nokia’s chief licensing officer for wireless technologies, said in a statement. 1
The deal is a reminder that Nokia’s patent licensing arm can still throw off cash even as its core network business tracks telecom spending. It also removes a legal headache, which can matter for a stock that trades on small changes in margin expectations.
On Wednesday, Kepler Cheuvreux upgraded Nokia to “buy” from “hold” and raised its target price to 6.60 euros, saying a recent pullback offered a better entry point. The broker said it expects a recovery in sales, margins and cash flow over the coming years. 2
Nokia’s American depositary receipts (ADRs) — U.S.-traded shares that track the foreign stock — jumped 4.95% to $6.79 in the prior session, snapping a two-day losing streak. Volume hit 52.7 million shares, and the stock is still about 17% below its 52-week high of $8.19 set on Oct. 28, MarketWatch data showed. 3
Separately, Telit Cinterion said it is working with Nokia on mission-critical connectivity and in-network computing for heavy industries, with demonstrations planned at CES 2026 in Las Vegas. “This collaboration marks a pivotal moment for mission-critical industries,” said Lelio di Martino, general manager for Nokia’s Cognitive Digital Mine, according to the release. 4
“In-network” computing is industry shorthand for processing data close to the machine, rather than sending it back to a distant cloud server. The pitch is simple: keep systems running when links get patchy.
One catch: Nokia and Hisense did not disclose financial terms. That leaves traders guessing how quickly any royalty income shows up, and how much of it is already baked into forecasts.
