Nokia (NOK) and Samsung sign patent licensing agreement for video standards

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Nokia and Samsung sign patent licensing agreement for video standards

March 11, 2021 1:00 AM EST

Press Release

Nokia and Samsung sign patent licensing agreement for video standards         Agreement covers use of Nokias inventions in video standards          

11 March 2021

Espoo, Finland Nokia and Samsung sign patent licensing agreement.

Nokia announced today that it has signed a patent license agreement with Samsung, which covers the use of Nokias innovations in video standards. Under the agreement, Samsung will make royalty payments to Nokia. The terms of the agreement remain confidential... More