Friday, 12 March 2021 13:31

Nokia, Samsung ink patent licence agreement

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Nokia has signed a patent licence agreement with Samsung covering the use of Nokia’s innovations in video standards.

Under the agreement — the terms of which remain confidential — Samsung will make royalty payments to Nokia.

“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,” said Jenni Lukander, president of Nokia Technologies.

Lukander said that over the course of more than 30 years, Nokia had contributed significantly to multimedia and video research and the development of industry standards.

“The work of Nokia’s engineers in the field of video research and standardisation has been recognised with numerous international awards, including four Technology & Engineering Emmy Awards.

“Nokia’s industry-leading 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 3500 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.”


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