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Nokia signs video technologies license agreement with Samsung

GlobeNewswire LogoGlobeNewswire11h ago

Nokia signs video technologies license agreement with Samsung - GlobeNewswire

Quick Summary:

The new agreement is separate from the parties’ existing 5G license agreement.15 January 2025Espoo, Finland – Nokia today announced that it has signed a multi-year patent license agreement with Samsung covering the use of Nokia’s video technologies in Samsung’s televisions.

The agreement is yet another proof point of Nokia’s leadership in video and multimedia technologies, and further validation of our decades-long investments in multimedia R&D and standardization.” Nokia is a leader in the development of video and multimedia technologies, including video compression, content delivery, content recommendation and aspects related to hardware.

Arvin Patel, Chief Licensing Officer, New Segments at Nokia, said: "We are delighted to have reached an agreement with Samsung covering the use of our video technologies in their world-class TVs.

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Article Details

Author / Journalist: Nokia Oyj

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 09:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25172375

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Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 25 posts per day

Year Established: 1998

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News Last Updated: 8 hours ago

Coverage Areas: China

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Publisher ID: #116

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