LG, Google Sign Patent Agreement for Android Technology
LG Electronics and Google sign a 10-year cross-licensing agreement that gives Google access to wearable device patents while encouraging LG to continue marketing Android mobile devices.LG Electronics and Google have signed a 10-year patent cross-licensing agreement, and arrangement that LG said in an announcement covers "a broad range of [current and future] products and technologies." Google signed a similar agreement with Samsung at the start of the year. In both cases, the agreements allow the parties involved to develop and introduce new products with less worry about patent infringement disputes, particularly by averting the kind of costly lawsuits that have become common in the mobile industry, mostly notably between Apple and Samsung. "By working together on cross-licenses like this, companies can focus on bringing great products and services to consumers around the world," Allen Lo, Google's deputy general counsel for patents, said in a prepared statement. LG's takeaway from the deal includes recognition of a stronger position in its market battle with Samsung, while Google builds a stronger relationship with one of the major manufacturers in the Android mobile device market. LG already was a significant Android ally in the smartphone market.
The deal allows LG to use mobile and software patents for an undisclosed royalty fee, while Google gets access to technologies for wearables. Another deal was made to team up on the development of Google's planned wearable platform and porting to LG devices.