Vapor
Nokia and Samsung have signed a patent licensing agreement for video standards. Under this agreement Samsung will pay royalties to Nokia for use of video innovations patented by the Finns. To be clear, this is about Nokia, HMD Global is not involved.
Nokia has earned
multiple awards for its video technology, including four Technology
& Engineering Emmy Awards. The company has invested over €129
billion in R&D over the last twenty years and has amassed over
20,000 patent families (more than 3,500 of which relate to 5G).
The
two companies have a long history. In 2013 Samsung signed a 5 year deal
to license Nokia patents. Then in 2016 Nokia and Samsung expanded their
cross licensing agreement after Nokia won a patent license arbitration.
There was another extension to the patent agreement in 2018.
Nokia
isn't the only company that Samsung is dealing with. In January
Ericsson won an injunction against Samsung in Texas over FRAND licensing
of patents and is currently suing Samsung in Europe over the same issue
as well. That is not their first encounter either, for example the two
companies settled a patent quarrel for $650 million in favor of
Ericsson.
Source:www.gsmarena.com
Author:Peter
Editor:IPRdaily-Vapor