Nokia has introduced that it has signed a brand new video patent licensing take care of Samsung, the deal will permit Samsung to makes use of Nokia’s video requirements.
Samsung can be paying Nokia royalties to be used of the patents, though the quantity of those funds and in addition the quantity of the deal has not been revealed.
Jenni Lukander, President of Nokia Applied sciences, stated: “We’re delighted to have reached an settlement with Samsung which additional validates Nokia’s decades-long investments to R&D and contributions to multimedia and video know-how requirements.”
Over the course of greater than 30 years, Nokia has contributed considerably to multimedia and video analysis and the event of business requirements. The work of Nokia’s engineers within the area of video analysis and standardization has been acknowledged with quite a few worldwide awards, together with 4 Expertise & Engineering Emmy® Awards.
You will discover out extra particulars about this new patent licensing deal between Nokia and Samsung on the hyperlink under.
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