Google and LG unite in 10-year patent sharing deal
Google and LG Electronics have signed a decade-long patent sharing deal covering a vast range of products and technologies.
Google has patent deals with Korean firms LG and Samsung
Both established and newly discovered designs will be shared in the “long-term patent cross-licensing agreement" between the Korean and US firms.
Allen Lo, deputy general counsel for patents at Google, said: “We’re pleased to enter into this agreement with a leading global technology company like LG.
“By working together on cross-licenses like this, companies can focus on bringing great products and services to consumers around the world.”
J.H. Lee, executive vice president and head of the LG Electronics intellectual property center, added: “LG values its relationship with Google, and this agreement underscores both companies’ commitment to developing new products and technologies that enhance consumers’ lives.”
In January this year, the search giant filed a similar agreement with Samsung, bringing the firms closer, especially with the Korean firm being one of the biggest backers of the Android smartphone operating system in the world.