Samsung will gain access to Nokia’s video standards innovations after the two companies reached a licensing agreement.
Over the past two decades, Nokia has invested more than $154 billion in research and development and has built a portfolio exceeding 20,000 patent families. About 3,500 of those patent families are considered essential to 5G technologies.
Jenni Lukander, President of Nokia Technologies, said:
“We are delighted to have reached an agreement with Samsung which further validates Nokia’s decades-long investments in R&D and contributions to multimedia and video technology standards.”
Under the terms of the agreement, Samsung will make undisclosed royalty payments to Nokia in exchange for access to the Finnish company’s patents related to video standards.
Nokia states that it contributes innovations to open standards while retaining the right to license those inventions on fair, reasonable, and non-discriminatory (FRAND) terms.
Nokia engineers have received numerous awards for their work in video research and standardization.
In January, Nokia’s Media Technologies Research department won the company’s fourth Technology & Engineering Emmy Award. That team played a major role in developing the ISO Base Media File Format, which is incorporated into the MPEG-4 standard.
Ville-Veikko Mattila, Head of Media Technologies Research at Nokia Technologies, commented on the recognition:
“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.”
Nokia’s previous Emmy, awarded in June of the prior year, honoured the company’s pioneering contribution to the development of the charge-coupled device (CCD) image sensor.
Samsung is also a major patent holder. A recent patent-essentiality study conducted by Berlin-based market intelligence firm IPlytics ranked the South Korean technology company first for 5G Standard Essential Patent (SEP) shares.
(Photo by Christian Wiediger on Unsplash)
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