Nokia signs multi-year patent license agreement with Samsung

  • 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.

Nokia signs multi-year patent license agreement with Samsung

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.