Nokia announced that it has signed a multi-year patent license agreement with Samsung covering the use of Nokia's video technologies in Samsung's televisions. Under the agreement, Samsung will make royalty payments to Nokia. The new agreement is separate from Nokia and Samsung's existing 5G patent license agreement.
The terms of the agreement remain confidential between the parties. The agreement is yet another proof point of Nokia?s leadership in video and multimedia technologies, and further validation of decades-long investments in multimedia R&D and standardization.