Qualcomm and LG Electronics join hands in a new global patent license agreement

guest · Aug 20, 2019

Qualcomm and LG Electronics join hands in a new global patent license agreement
August 20, 2019
https://www.neowin.net/news/qualcom...ands-in-a-new-global-patent-license-agreement

Qualcomm Incorporated announced today that it has joined hands with LG Electronics (LGE) in a worldwide patent license agreement. According to the terms of the agreement, Qualcomm has given LGE a patent license to manufacture and sell single-mode and multimode 3G, 4G, and 5G devices.

"This agreement builds on our long-standing technology relationship and reaffirms the value of Qualcomm’s world-class patent portfolio. Qualcomm is the developer and enabler of foundational technologies for the wireless industry and is the leader in the transition to 5G. [...]"

The deal comes hot on the heels after LGE claimed that it was unable to bridge some differences between Qualcomm and itself and renew its chip license agreement back in June. Furthermore, in April, Qualcomm Incorporated also reached a surprise agreement with Apple allowing the latter to use its modern chips in the iPhones.
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