Samsung starts cooperation with Nokia
2023.01.23 03:50
Samsung starts cooperation with Nokia
By Kristina Sobol
Budrigannews.com – Nokia, a maker of telecom equipment in Finland (NYSE:), on Monday stated that it had signed a new, multi-year agreement with Samsung to license its 5G patents. following the December expiration of the previous agreement.
The terms of the agreement were not disclosed by the companies, but Samsung will begin making payments to Nokia on January 1.
Ericsson, a rival from the Nordics, A dispute that had a negative impact on Samsung’s quarterly revenue was resolved last year when both parties reached an agreement on 5G patents.
Over 4,500 patent families have been identified as essential to 5G, making up approximately 20,000 patent families in Nokia’s patent portfolio.
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