Nokia and Samsung Extend Patent Agreement

Posted by at 2:32 pm on November 4, 2013

Nokia today said that Samsung has agreed to license some of its phone-related patents for another five years.

Samsung will begin to make royalty payments to Nokia beginning in 2014. Nokia didn’t say which patents are being licensed by Samsung. Patent licensing has become a contentious issue over the last few years as mobile device makers seek to drive profits from their patents and the resulting products. Many companies resort to filing lawsuits to force settlements.

Nokia is in the process of selling its handset division to Microsoft, but it will retain ownership of its patents.

Leave a Reply

Sign Up For Our Newsletter

Sign up to receive breaking news
as well as receive other site updates

Enter your Email


Preview | Powered by FeedBlitz

Log in

Copyright © 2008 - 2020 · StreetCorner Media , LLC· All Rights Reserved ·