Nokia and Samsung have signed a patent licence agreement that covers some of the Finnish company’s work in video standards.
Nokia said it would receive royalty payments from Samsung, but the actual terms of the agreement remain confidential.
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 standards.”
Nokia’s patent portfolio includes around 20,000 patent families, including over 3,500 patent families declared essential to 5G. It has also worked on H.264 video compression.
