Nokia signs 5G patent licence deal with Samsung for royalty payments

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Finnish critical networks and communications company Nokia announced Monday that it signed a new cross-licence 5G patent agreement with South Korean multinational electronics giant Samsung. The latest deal, following the expiry of the previous agreement at the end of 2022, covers Nokia’s fundamental inventions in 5G and other technologies. Under the deal, Samsung will make royalty payments to Nokia for a multi-year period beginning January 1, 2023. The terms of the agreement remain confidential between the parties. Nokia noted that the agreement is consistent with the assumptions that it has d…

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