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Nokia and Samsung Sign Multi-Year Patent Licensing Deal, Bringing Nokia Video Tech to Samsung TVs
Nokia and Samsung have inked a multi-year patent licensing agreement, paving the way for Samsung TVs to incorporate Nokia's cutting-edge video technology. As part of the deal, Samsung will pay patent fees to Nokia for access to its advanced video innovations. This collaboration marks a significant step forward in technology sharing between the two tech giants.
A New Chapter in Collaboration
Nokia clarified in a statement that this new patent licensing agreement is separate from the 5G patent licensing deal signed on January 23, 2023. Specific terms of the agreement remain confidential. Earlier this year, Nokia announced a 5G patent licensing agreement with Samsung. The latest deal expands their partnership beyond 5G, opening doors for deeper collaboration in video technology and other areas.
Commitment to Open Standards
Nokia emphasized its dedication to contributing inventions to open standards in exchange for fair, reasonable, and non-discriminatory (FRAND) licensing terms. This approach ensures that innovative technologies are accessible while protecting intellectual property rights.
Enhancing Samsung TVs with Nokia Tech
The partnership is set to bring breakthroughs in video technology to Samsung TVs, elevating the viewing experience for users worldwide. At the same time, it strengthens Nokia's position in the global technology licensing market, showcasing its ability to drive innovation across industries.
This collaboration highlights the growing importance of cross-industry partnerships in delivering cutting-edge consumer experiences. As Samsung integrates Nokia's video technology into its TVs, users can expect enhanced picture quality, smoother streaming, and more immersive entertainment. Meanwhile, Nokia continues to expand its influence in the tech world, proving that its innovations remain relevant and impactful in today's fast-evolving digital landscape.
Nokia and Samsung have inked a multi-year patent licensing agreement, paving the way for Samsung TVs to incorporate Nokia's cutting-edge video technology. As part of the deal, Samsung will pay patent fees to Nokia for access to its advanced video innovations. This collaboration marks a significant step forward in technology sharing between the two tech giants.
A New Chapter in Collaboration
Nokia clarified in a statement that this new patent licensing agreement is separate from the 5G patent licensing deal signed on January 23, 2023. Specific terms of the agreement remain confidential. Earlier this year, Nokia announced a 5G patent licensing agreement with Samsung. The latest deal expands their partnership beyond 5G, opening doors for deeper collaboration in video technology and other areas.
Commitment to Open Standards
Nokia emphasized its dedication to contributing inventions to open standards in exchange for fair, reasonable, and non-discriminatory (FRAND) licensing terms. This approach ensures that innovative technologies are accessible while protecting intellectual property rights.
Enhancing Samsung TVs with Nokia Tech
The partnership is set to bring breakthroughs in video technology to Samsung TVs, elevating the viewing experience for users worldwide. At the same time, it strengthens Nokia's position in the global technology licensing market, showcasing its ability to drive innovation across industries.
This collaboration highlights the growing importance of cross-industry partnerships in delivering cutting-edge consumer experiences. As Samsung integrates Nokia's video technology into its TVs, users can expect enhanced picture quality, smoother streaming, and more immersive entertainment. Meanwhile, Nokia continues to expand its influence in the tech world, proving that its innovations remain relevant and impactful in today's fast-evolving digital landscape.