Nokia has entered into a multi-year agreement with Samsung, granting the South Korean company access to its video technologies for use in Samsung televisions.
The agreement, which will enable Nokia to extend its influence within the multimedia technology industry, ensures Samsung will pay royalties to Nokia for the use of these patented technologies, though the specific terms of the deal remain confidential.
This new arrangement operates independently of an existing 5G patent license agreement already in place between the two companies.
Arvin Patel, chief licensing officer for New Segments at Nokia, noted the importance of the deal. He noted that the agreement strengthens Nokia’s place in multimedia technologies and its focus on innovation through decades of research and development.
With nearly 5,000 multimedia-related inventions to its name, Nokia has spent over 25 years impacting the use of video and multimedia technologies. The company has invested heavily in research and development, channelling approximately €150 billion since 2000 into a range of advanced technologies, including video compression, content delivery, and content recommendation systems.
In 2023 alone, Nokia allocated over €4 billion to R&D, boosting its reputation as a global innovator. This focus on cutting-edge development has enabled the company to lead advancements in both multimedia and telecommunications, ensuring its intellectual property remains a valuable asset for technology partners worldwide.
Beyond its multimedia innovation, Nokia’s work spans mobile, fixed, and cloud networks, leveraging its renowned Nokia Bell Labs for long-term research. Its open and high-performance network architectures continue to attract partners globally, delivering sustainable and secure solutions for the digital age.
This agreement with Samsung will further enable Nokia to monetise its intellectual property portfolio while facilitating partnerships that bolster consumer electronics and digital services.
