Nokia and Samsung have announced a new 5G patent deal that will allow both companies to benefit from each other's technology and intellectual property. The agreement, which was signed on January 1, 2023, will allow Nokia and Samsung to license each other's patents related to 5G technology, including those related to 5G standards and other key technologies.
Under the terms of the agreement, Nokia will grant Samsung a license to use its patents related to 5G technology, including those related to 5G standards and other key technologies. In return, Samsung will grant Nokia a license to use its patents related to 5G technology, including those related to 5G standards and other key technologies. The deal also includes cross-licensing of patents related to other technologies such as 4G and internet of things (IoT) technologies.
The agreement will allow both companies to benefit from each other's technology and intellectual property, and will help them to stay competitive in the rapidly-evolving 5G market. For Nokia, the deal will provide access to Samsung's patents and technology, which will help the company to develop and improve its 5G products and services. For Samsung, the deal will provide access to Nokia's patents and technology, which will help the company to develop and improve its 5G products and services.
The deal is likely to have a positive impact on the 5G industry as a whole, as it will help to promote innovation and collaboration among companies in the industry. The agreement will also help to reduce patent disputes and licensing costs in the 5G market, which will benefit companies, consumers and other stakeholders in the industry.
Overall, the new 5G patent deal between Nokia and Samsung is a positive development for both companies and the industry as a whole. The agreement will allow both companies to benefit from each other's technology and intellectual property, and will help them to stay competitive in the rapidly-evolving 5G market. The deal will also help to promote innovation and collaboration among companies in the industry and reduce patent disputes and licensing costs in the 5G market.
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