By Dominic Chopping


Nokia signed a licensing deal that allows its video technologies to be used in Samsung televisions.

The multi-year patent license agreement will see the South Korean technology giant make royalty payments to Nokia for using the technology.

The terms of the agreement weren't disclosed, but Nokia said it is separate from an existing 5G patent license agreement between the companies.

Nokia has developed video and multimedia technologies that includes video compression, content delivery, content recommendation and aspects related to hardware. It said that over the past 25 years, it has created almost 5,000 inventions that enable multimedia products and services.


Write to Dominic Chopping at dominic.chopping@wsj.com


(END) Dow Jones Newswires

01-15-25 0434ET