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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

SHOCKING: Nokia signs 5g patent agreement with samsung | Mind Blowing Facts

A view of the logo at the headquarters of the Finnish telecoms company Nokia in Espoo, Finland March 16, 2021. Lehtikuva/Heikki Saukkomaa via REUTERS

Finnish telecom equipment maker Nokia (NOKIA.HE) on Monday said it has signed a new multi-year agreement to license its 5G patents to Samsung (005930.KS) following the expiry of the previous pact in December.

Samsung will make payments to Nokia from Jan. 1, but the companies did not disclose the terms of the deal, according to Reuters.

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