Fri. Feb 7th, 2025
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Nokia has announced a landmark multi-year agreement with Samsung, granting the South Korean tech giant access to its cutting-edge video technologies for use in Samsung televisions. The deal underscores Nokia’s commitment to innovation in multimedia technology and positions it as a major player in the industry.

The agreement, which includes royalty payments from Samsung to Nokia, will allow the Finnish company to further monetise its intellectual property portfolio. While the financial specifics of the arrangement remain under wraps, the partnership is independent of the existing 5G patent license agreement between the two companies.

Speaking on the deal, Arvin Patel, Chief Licensing Officer for New Segments at Nokia, highlighted its significance. “This agreement strengthens Nokia’s position in multimedia technologies and underscores our decades of innovation in research and development,” Patel said.

With a legacy of over 25 years in video and multimedia innovation, Nokia has amassed nearly 5,000 inventions in this space. Since 2000, the company has invested a staggering €150 billion in research and development, focusing on advanced technologies such as video compression, content delivery, and recommendation systems.

In 2023 alone, Nokia allocated over €4 billion to R&D, reinforcing its status as a global leader in technological innovation. The company’s extensive intellectual property portfolio has become a critical asset, enabling partnerships with leading firms in consumer electronics and telecommunications.

Beyond multimedia, Nokia’s influence extends across mobile, fixed, and cloud networks, with its renowned Nokia Bell Labs spearheading long-term research. The company’s open and high-performance network architectures continue to set the standard for secure and sustainable digital solutions globally.

The partnership with Samsung is expected to further solidify Nokia’s role in the evolution of consumer electronics and digital services. By aligning with Samsung, Nokia not only reinforces its presence in the multimedia sector but also showcases its ability to drive innovation and collaboration in the digital era.

This agreement signals a promising future for both companies as they leverage their combined expertise to deliver superior products and services to consumers worldwide.

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