Investing.com — Nokia (HE:), the Finnish tech firm, introduced on Wednesday that it has entered right into a multi-year patent license settlement with Samsung (KS:). This settlement permits the South Korean tech big to make use of Nokia’s video applied sciences in its televisions.
In return for the usage of its video applied sciences, Nokia will obtain royalty funds from Samsung. The specifics of those funds weren’t disclosed within the assertion launched by Nokia.
This new settlement doesn’t have any connection to the prevailing 5G patent license settlement between Nokia and Samsung. The Finnish firm clarified that the phrases of each agreements are stored confidential between the 2 events.
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