Mobile technology patent licensing agreement signed between LG and Nokia

Nokia NFC mobile technology

The partnership involves a royalty based deal for the creation of a new smartphones that will be sold in the future. LG Electronics has now received Nokia’s approval to be able to use the latter company’s patented tech in exchange for royalties from the smartphones that are sold and that use that mobile technology. The patent license was granted from the Nokia Technologies licensing arm of the company. According to Ramzi Haidamus, the president of Nokia Technologies, “We are pleased to welcome LG Electronics to our licensing programme.” This makes…

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