LG has just announced that it is entering a global patent license agreement with Google, allowing the two tech heavyweights to share existing patents, as well as those filed over the next 10 years.
The agreement isn’t much of a surprise, given that the two companies have been partnering for a while: LG manufactured the last two Android flagship devices, the Nexus 4 and Nexus 5, and also joined Google’s Open Automotive Alliance earlier this year to boost innovation in automobile technology.
The short press release doesn’t mention exactly which areas of business these patents will address, but they could possibly pertain to mobile and automotive technologies given the aforementioned collaborative efforts. Google also entered a very similar 10-year agreement with Samsung earlier this year, so it’ll be interesting to see how the two device manufacturers take advantage of these deals.
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➤ Google and LG Enter into Global Patent License Agreement [LG Newsroom]