Google and LG have entered into a patent cross-licensing deal, which will help the companies cover a broad range of products and technologies over the next 10 years. Also Read - Google Play Store announces blanket ban on Sugar Daddy apps over sexual contentAlso Read - Google, Facebook make vaccination mandatory for employees returning to office
While the agreement doesn t state a specific term, LG s statement mentions that the agreement covers a broad range of products and technologies. It further says that the agreement covers the two companies’ existing patents as well as those filed over the next 10 years. Also Read - Fake Battlegrounds Mobile India (BGMI) Lite APK links going viral on the internet: How to spot them
The inking of this deal is a way for both the companies to strengthen their ties. LG after all uses the latter s operating system across all its smartphones as well as wearable devices like the G Watch series. It has also worked closely with the search giant to develop Nexus smartphones, including the Nexus 4 and the Nexus 5.
For Google it means a closer bond with one of its biggest hardware partners. LG recently shipped a record-breaking 16.8 million smartphones during Q3, 2014. Additionally, it will also ensure lasting patent peace with the South Korean giant who not only holds several Android patents, but also patents for consumer electronics, and other portable gadgets. The new agreement could however, be more focused on new technology for connected devices for the home, since LG already has partnered with other companies including Google and Nest to making Internet-connected home appliances.
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 Center.
This is not the first time Google has inked such a patent deal with one of its hardware partners. Earlier this year, it signed a similar 10-year patent deal with Samsung. At the time, Dr Seungho Ahn, the Head of Samsung s Intellectual Property Center had said, Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes.