Samsung costs more money for Nokia's patent

Samsung and Nokia have long had a mutual patent agreement, but after Nokia stopped the phone business, Samsung faced the risk of paying more to use Nokia's patent.

Samsung and Nokia have long had a mutual patent agreement, but after Nokia stopped the phone business, Samsung faced the risk of paying more to use Nokia's patent.

As there is no longer a need to use patents from Samsung, Nokia is asking for more money so Samsung can use its patents. To solve this problem, several conciliation sessions between the two companies took place in the United States.

Picture 1 of Samsung costs more money for Nokia's patent

Nokia asked Samsung to pay more for the patent

However, according to Samsung's senior lawyer, Lim Young-jo , the Korean manufacturer has no way to counter Nokia's request because the Finnish company no longer makes phones and they are also holding very much Many basic and legal patents that Samsung cannot give up if they want to sell phones.

Picture 2 of Samsung costs more money for Nokia's patent

Samsung has no way to resist

Nokia has long said that it will not become a patenter, because they will focus on becoming a manufacturer of network equipment and services HERE . However, by holding tens of thousands of important patents, Nokia is capable of requiring other manufacturers to pay more for themselves.

Update 25 May 2019
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