LG and Google have announced a global patent cross-license agreement that will see the duo sharing new and existing patents over the next ten year period.
The agreement would cover “a broad range of products and technologies” and it would apply to all existing patents as well as patents filed over the next 10 years, confirmed the two firms in a joint statement. The agreement is built on the long-standing strong alliance between Google and LG Electronics, the companies said.
“LG values its relationship with Google, and this agreement underscores both companies’ commitment to developing new products and technologies that enhance consumers’ lives,” Executive Vice President and Head of LG Electronics’ Intellectual Property Center JH Lee said.
Commenting on the deal, Google’s deputy general counsel for Patents Allen Lo 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.”
LG almost has all its popular smartphones, tablet computers and smartwatches powered by Google’s Android software. The smartphone maker has been closely associated with Google in manufacturing the last two Nexus series Android flagship devices, the Nexus 4 and Nexus 5.
The Mountain View tech giant also entered a similar 10-year patent deal with Samsung in January this year.