Nokia has signed a patent licence agreement with Samsung, which covers the use of Nokia’s innovations in video standards. Under the agreement, Samsung will make royalty payments to Nokia. The terms of the agreement remain confidential.

Jenni Lukander, President of Nokia Technologies, said: “We are delighted to have reached an agreement with Samsung which further validates Nokia’s decades-long investments to R&D and contributions to multimedia and video technology standards.”

Nokia’s patent portfolio is built on more than €129 billion invested in R&D over the past two decades and is composed of around 20,000 patent families, including over 3,500 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the need to make their own substantial investments in R&D.

Other posts by :

1. Xona Space wants 259 LEO satellites
2. 36 major airlines now committed to Starlink
3. Quilty: Top 5 Washington Satellite show takeaways
4. Space Wars: Starlink vs Amazon Leo
5. Eutelsat seeks ISRO deal for launches
6. Virgin Galactic sets prices for space tourists
7. Devas vs Antrix rumbles on
8. Shotwell makes TIME front cover
9. Suitors eye Globalstar

Categories: Articles, Standards

Tags: Nokia, samsung