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Nokia signs video technologies license agreement with Samsung

1. Nokia signs a license agreement with Samsung for video technologies in TVs. 2. Samsung will make ongoing royalty payments to Nokia for these technologies. 3. Nokia's leadership in multimedia validates its R&D efforts over decades. 4. Nokia has invested around €150 billion in R&D since 2000. 5. This deal is separate from the existing 5G license agreement.

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Why Bullish?

The agreement signals Nokia's strong position in multimedia, likely boosting investor confidence.

How important is it?

The agreement adds a revenue stream, which could positively influence NOK's valuation.

Why Short Term?

Immediate financial benefits from royalty payments could be reflected in upcoming earnings.

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SAMSUNGNOK
Press ReleaseNokia signs video technologies license agreement with Samsung License covers the use of Nokia’s video technologies in Samsung’s televisions.Nokia to receive royalty payments from Samsung.The new agreement is separate from the parties’ existing 5G license agreement. 15 January 2025Espoo, Finland – Nokia today announced that it has signed a multi-year patent license agreement with Samsung covering the use of Nokia’s video technologies in Samsung’s televisions. Under the agreement, Samsung will make royalty payments to Nokia. The new agreement is separate from Nokia and Samsung’s existing 5G patent license agreement. The terms of the agreement remain confidential between the parties. Arvin Patel, Chief Licensing Officer, New Segments at Nokia, said: “We are delighted to have reached an agreement with Samsung covering the use of our video technologies in their world-class TVs. The agreement is yet another proof point of Nokia’s leadership in video and multimedia technologies, and further validation of our decades-long investments in multimedia R&D and standardization.” Nokia is a leader in the development of video and multimedia technologies, including video compression, content delivery, content recommendation and aspects related to hardware. In the past 25 years, Nokia has created almost 5,000 inventions that enable multimedia products and services and continues to play a leading role in multimedia research and standardization. Nokia’s expertise in multimedia and video research is built on continuous investment to advance the industry. Nokia has invested around €150 billion in R&D since 2000 (including over €4 billion in 2023 alone) for cutting edge technologies including cellular and multimedia. Resources and additional informationWebpage: Patents powering consumer electronics I Nokia About NokiaAt Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Media inquiriesEmail: steven.bartholomew@nokia.com Follow us on social mediaLinkedIn X Instagram Facebook YouTube

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