Press release
Nokia signs license agreement on video technologies with Samsung (KS:)
- The license covers the use of Nokia video technologies in Samsung TVs.
- Nokia will receive royalties from Samsung.
- The new agreement is separate from the parties’ existing 5G license agreement.
January 15, 2025
Espoo, Finland “Nokia announced today that it has signed a multi-year patent license agreement with Samsung covering the use of Nokia’s video technologies in Samsung TVs. According to the contract, Samsung will pay royalties to Nokia. The new agreement is separate from Nokia and Samsung’s existing 5G patent licensing agreement. The terms of the contract remain confidential between the parties.
Arvin Patel, Chief Licensing Officer, New Segments at Nokia, said: We are delighted to have reached an agreement with Samsung covering the use of our video technology in their world-class televisions. The agreement is further evidence of Nokia’s leadership in video and multimedia technologies and further confirmation of our decades-long investment in multimedia research and development and standardization.
Nokia is a leader in the development of video and multimedia technologies, including video compression, content delivery, content recommendation and hardware-related aspects. Over the past 25 years, Nokia has created nearly 5,000 inventions that enable multimedia products and services, and continues to play a leading role in multimedia research and standardization. Nokia’s expertise in multimedia and video research is built on continuous investment in industry advancement. Since 2000, Nokia has invested approximately €150 billion in research and development (including more than €4 billion in 2023 alone) for cutting-edge technologies including mobile and multimedia technologies.
Resources and additional information
Website: Patents Powering Consumer Electronics AND Nokia
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Source: Nokia Oyj (HE:)
