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213 views
by Guru (26.5k points)
i just read a title on a newspaper saying  "Nokia, Samsung Extend Patent Deal for 5 Years" when passing through newspaper vendors, i am interested in knowing what a patent deal is and why should it be extended

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2 Answers

+1 vote
by Guru (88.1k points)
Patent deals usually doesnt affect users directly, bt can affect development of new features on the field the patent is given.

Samsung l believe hold some of the most important patents in the tech industry like wireless tech, eg LTE(4g).

They also make money by letting others use it, even there competitors and charging them fee.
0 votes
by Guru (29.5k points)
A grant made by a government that confers upon the creator of an invention the sole right to make, use, and sell that invention for a set period of time.
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