Express Computer
Home  »  News  »  LG, Google strike patent-sharing deal

LG, Google strike patent-sharing deal

0 413

LG Electronics today said it had signed a long-term cross-licence deal with Google as the South Korean firm tries to expand its smartphone business.

The deal covers patents on a “broad range of products and technologies” that already exist and will be filed in the next 10 years, the two firms said in a joint statement.

Samsung — LG’s home rival and the world’s top smartphone maker — earlier struck a similar deal with Google in January.

“LG values its relationship with Google, and this agreement underscores both companies’ commitment to developing new products and technologies that enhance consumers’ lives,” said J H Lee, Executive Vice-President and head of LG’s intellectual property centre.

Almost all of LG’s popular smartphones, tablet computers and smartwatches are powered by Android software made by the US tech giant.

LG — currently the world’s fourth-largest smartphone maker — struggled for years with sluggish sales after making a late entry into the market.

But it recently showed signs of revival with its flagship G3 smartphones, while its bigger rival Samsung saw profits sag.

LG earlier reported an 87-per cent jump in third-quarter net profit as the previously loss-making handset unit saw profits surge in a big turnaround.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image