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Nokia signs multi-year patent license agreement with Samsung

by January 15, 2025
written by January 15, 2025

COPENHAGEN (Reuters) – Finland’s Nokia (HE:NOKIA) said on Wednesday it had signed a multi-year patent license agreement with Samsung (KS:005930) , for the use of Nokia’s video technologies in the South Korean company’s televisions.

Under the agreement, Samsung will make royalty payments to Nokia, the Finnish company said in a statement.

The new deal is separate from Nokia and Samsung’s existing 5G patent license agreement, Nokia said, adding that the terms of the agreement were confidential between the parties.

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