Sunday, July 17, 2016

Nokia and Samsung are expanding their agreement on patent licensing

Nokia and Samsung are expanding their agreement on patent licensing


In February, both Nokia and Samsung signed an agreement to license patents to each other after they both companies in a dispute over a number of patents.
Now, Nokia has announced that it has signed a new agreement with the South Korean company to expand past their agreement that was announced on February 12 016 to include more patents from both parties. On this subject, Nokia said, saying:
"The agreement, which was announced today expands each company access to technical patents and enhances the efficiency of Nokia's technology for the digital world. With this expansion, Nokia expects that it positively affects the net sales of Nokia starting from the third quarter of this year. "
Nokia said that this agreement will increase the company's revenue from patent sales of 950 million euros annually.Generally, you can learn more details about the new agreement between Nokia and Samsung from the source link below.

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