Samsung and Nokia sign cross licence agreement

Stefan Mileschin · 24th January 2023, 12:40

5G agreement renewed

Samsung and Nokia have signed a new cross-license patent agreement covering the fundamental inventions by Nokia in 5G and other technologies.

The agreement follows one which was signed in 2016 which went off at the end of 2022 and needed renegotiation.

Samsung will make royalty payments to Nokia over a multi-year period starting from 1st January 2023, for use of the technology that Nokia had developed.

The President of Nokia Technologies, Jenni Lukander said: “Samsung is a leader in the smartphone industry, and we are delighted to have reached an amicable agreement with them. The agreement gives both companies the freedom to innovate, and reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D and contributions to cellular standards and other technologies.”

https://fudzilla.com/news/network/56...ence-agreement

24th January 2023, 12:40	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Samsung and Nokia sign cross licence agreement 5G agreement renewed Samsung and Nokia have signed a new cross-license patent agreement covering the fundamental inventions by Nokia in 5G and other technologies. The agreement follows one which was signed in 2016 which went off at the end of 2022 and needed renegotiation. Samsung will make royalty payments to Nokia over a multi-year period starting from 1st January 2023, for use of the technology that Nokia had developed. The President of Nokia Technologies, Jenni Lukander said: “Samsung is a leader in the smartphone industry, and we are delighted to have reached an amicable agreement with them. The agreement gives both companies the freedom to innovate, and reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D and contributions to cellular standards and other technologies.” https://fudzilla.com/news/network/56...ence-agreement

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