Nokia and Samsung sign 5G patent licensing deal

Finnish telecommunications equipment manufacturer Nokia and South Korean company Samsung have entered into a

Multi-Year 5G Licensing Agreementpatents (the previous agreement ended in December 2022). The official announcement of this appeared on the Nokia website. Details of the agreement were not disclosed, it is clarified that it describes the terms of payment by Samsung for the right to use Nokia's patents in the field of 5G and other areas.

Jenny Lukander, President of Nokia Technologies:

“Samsung is a leader in the smartphone industry and weglad we reached an agreement with them. The agreement gives both companies the freedom to innovate and reflects <…> contributions to cellular standards and other technologies.”