Nokia and Samsung recently signed an agreement, where the former will cross-license its 5G technology and patent to the latter.
The deal, which went into effect at the start of the year, will see the Korean brand pay the Finnish telecommunications giant royalties, over a multi-year period.
“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.” Jenni Lukander, President of Nokia Technologies, said.
It should also be noted that Nokia’s latest 5G patent agreement is happening amidst the latter’s ongoing legal battle with the Chinese smartphone brand, Oppo, over the extension of a FRAND license agreement.
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