Nokia and Samsung Strike Multi-Year Patent License Agreement
Finland's Nokia has announced a significant milestone by signing a multi-year patent license agreement with tech giant Samsung. The agreement focuses on Samsung's use of Nokia's cutting-edge video technologies in their televisions. Nokia revealed that as part of the deal, Samsung will be making royalty payments to the Finnish company.

This newly inked agreement stands as a separate entity from the existing 5G patent license agreement between Nokia and Samsung. Nokia has emphasised that the specific terms of this latest agreement remain confidential between the two parties.
Nokia and Samsung have entered into a multi-year patent license agreement for video technologies.
Samsung will be making royalty payments to Nokia as part of the agreement.
This deal is distinct from the existing 5G patent license agreement between the two tech companies.
Source: REUTERS