Xiaomi and Nokia's new multi-year deal could bring AR and VR tech to all

Smartphone news is typically dominated by Apple and Android, but today we got a taste of something different. Chinese smartphone maker Xiaomi and Finnish network equipment supplier Nokia are elbowing their way back into the conversation with a brand new patent-sharing deal. 

The deal includes a new business collaboration and patent agreement that gives each company cross-licensing privileges to the other company's cellular standard patents. Some of the main reasons this Nokia-Xiaomi partnership went down is so that they can work together in burgeoning tech industries like the Internet of Things and virtual reality. Read more...