Just In
- 47 min ago itel S24 With MediaTek Processor Launching on April 23 in India; Get Free Smartwatch on Launch Day
- 1 hr ago iOS 18 Could Bring On-Device AI to Apple’s iPhones - Here's What That Means
- 2 hrs ago JioCinema's New Ad-free Plan Coming on April 25
- 2 hrs ago Google Pixel 8a Price Leaks – Will It Be Costlier Than the Pixel 7a?
Don't Miss
- Movies Met Gala 2024: Date, Theme, Guestlist & More; HERE's Everything To Know About The Biggest Fashion Event
- News Virat Kohli's Controversial Dismissal Sparks Row; Watch Video Here
- Finance Experion Developers To Invest Rs 1,500 Crore To Build New Housing Projects In Noida
- Sports CSK vs LSG Head To Head Record, Stats & Results in MA Chidambaram Stadium, Chennai Ahead of IPL 2024 Match 39
- Lifestyle Suhana Khan Serves Chic Style Goals From Her Milan Vacay, Tips To Get Your Holiday Fashion Right!
- Automobiles Toyota Fortuner Leader Edition Revealed – Comes With More Practical Enhancements
- Education AP SSC Results 2024 Declared On April 22, Check Details Here
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
Nokia, LG join hands; inks Smartphone Patent license
LG Electronics will soon embed technologies developed by Nokia in its smartphones as the Korean firm has agreed to take a royalty-bearing smartphone patent license from the Finnish telecom gear maker.
"We are pleased to welcome LG Electronics to our licensing program," Nokia Technologies President Ramzi Haidamus said in a statement.
SEE ALSO: Nokia inks IT infra deal with HP, Microsoft and Telefonica
LG Electronics is the latest of more than 60 licensees for Nokia's 2G, 3G and 4G mobile communication technologies and the first major smartphone manufacturer to join the licensing program since Nokia divested its Devices and Services business to Microsoft in 2014.
"We've worked constructively with LG Electronics and agreed on a mutually beneficial approach, including the use of independent arbitration to resolve any differences.
This agreement sets the scene for further collaboration between our companies in future," Haidamus said. The detailed royalty payment obligations will be subject to commercial arbitration and is expected to conclude within a 1-2 year timeframe. Other terms of the agreement remain confidential.
Source: PTI
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500