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    Nokia, Samsung Agree To Extend Patent-licensing Deal

    Wochit Headline News

    by Wochit Headline News

    Samsung will again license key mobile patents from Nokia, the companies announced on Monday. Nokia announced on Monday that Samsung will license and pay the handset maker for certain patents for a period of five years. Interestingly, Samsung and Nokia weren't able to agree on a price for licensing the patents. The company's plan to hold arbitration on the price, but that isn't expected to be completed until 2015.