Nokia, Samsung Ink Patent Deal
March 11, 2021
has signed a patent license agreement with Samsung, which covers the use of
Nokia’s innovations in video standards. Under the agreement, Samsung will make
royalty payments to Nokia. The terms of the agreement remain confidential
between the parties.
Jenni Lukander, President of Nokia Technologies, said: “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
Over the course of more than 30 years, Nokia has 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 standardization has
been recognized with numerous international awards, including four Technology &
Engineering Emmy® Awards.
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 3,500 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.