Nokia has invested greater than $154 billion in R&D over the previous 20 years and constructed a portfolio of over 20,000 patent households (of which, round 3,500 patent households are thought of important to 5G.)
Jenni Lukander, President of Nokia Technologies, stated:
“We are delighted to have reached an agreement with Samsung which further validates Nokia’s decades-long investments to R&D and contributions to multimedia and video technology standards.”
Under the settlement, Samsung will make undisclosed royalty funds to Nokia in return for entry to the Finnish big’s video requirements patents.
Nokia says it contributes its innovations to open requirements in return for the correct to license them on truthful, affordable, and non-discriminatory (FRAND) phrases.
Engineers from Nokia have been awarded quite a few awards for his or her work within the fields of video analysis and standardisation.
In January, Nokia’s Media Technologies Research division received the corporate’s fourth Technology and Engineering Emmy award. The division performed a significant position within the growth of ISO Base Media File Format, which can also be a part of the MPEG-4 normal.
Ville-Veikko Mattila, Head of Merdia Technologies Research at Nokia Technologies, commented on the time:
“We are proud that our work in the field of video research and standardisation has been recognised with an Emmy Award for the fourth time.”
The final Emmy awarded to Nokia was in June final yr for the pioneering growth of the charge-coupled gadget (CCD) picture sensor.
Samsung itself is definitely no slouch in patents. Last month, a patent essentiality study (registration required) carried out by Berlin-based market intelligence agency IPlytics ranked the South Korean expertise big first in 5G Standard Essential Patent (SEP) shares.
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