Samsung and Nokia announce patent cross-licensing deal expansion

Samsung and Nokia settled their patent dispute earlier this year. The companies have now announced that they have decided to expand their patent cross-licensing agreement by adding certain additional patents (from both companies) to the mix.

This patent cross-licensing expansion will allow Samsung and Nokia to develop, launch, and support more advanced technologies. Details regarding specific patents that are included in this expansion are thin, but Nokia expects revenue of somewhere around €950 million (around $1 billion) with this patent deal.

“With intellectual property portfolios from Nokia Technologies, Nokia Networks and Alcatel-Lucent, Nokia has a wealth of technologies relevant to mobile devices and beyond. We welcome this expanded agreement with Samsung which recognizes the strength of our assets, and we continue to pursue new licensing opportunities across a number of diverse industries.”
– Ramzi Haidamus, president of Nokia Technologies.

Asif Iqbal Shaik - Senior Editor

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First Samsung device: T100

Asif is a computer engineer turned technology journalist. He has been using Samsung phones since 2004, and his current smartphone is the Galaxy S21 Ultra. He loves headphones, mechanical keyboards, and PC hardware. When not writing about technology, he likes watching crime and science fiction movies and TV shows.

Via Source General Nokia Patent patent deal