News Categories

Nokia and Samsung sign 5G patent license agreement

By Cookie Monster - on 24 Jan 2023, 12:00am

Nokia and Samsung sign 5G patent license agreement

Nokia announced it has signed a multi-year cross-license patent deal with Samsung.

Following the expiry of the previous agreement at the end of 2022, Samsung will make payments to Nokia for the latter's fundamental inventions in 5G and other technologies. The terms of the agreement are confidential between the two companies.

Nokia has about 20,000 patent families, including over 4,500 patent families declared essential to 5G. This is built on more than €130 billion invested in R&D since 2000.

Aside from Nokia, Samsung also extended and expanded its strategic partnership with Qualcomm in August 2022. The strategic partnership includes a patent license agreement for 3G, 4G, 5G and 6G mobile technology.

Source: Nokia

Join HWZ's Telegram channel here and catch all the latest tech news!
Our articles may contain affiliate links. If you buy through these links, we may earn a small commission.