Nokia has recently announced that it has signed a multi-year patent license agreement with Samsung, according to a report by Reuters.

The agreement allows Samsung to use Nokia's video technologies in its range of televisions. Samsung will also make royalty payments to Nokia for the use of these technologies.

Nokia said that this agreement is separate from their existing 5G patent license arrangement.

Details surrounding the financial aspects and specific terms of the new agreement remain confidential, as both parties have agreed to keep the information private, as per the report.