August 20, 2019, San Diego - Qualcomm today announced that LG Electronics has signed a new global patent license agreement with Qualcomm. Under the five-year paid patent license agreement, Qualcomm granted LG Electronics a patent license to develop, manufacture and sell 3G, 4G and 5G single-mode and multi-mode complete equipment. The terms of the agreement are consistent with Qualcomm's established global patent license terms.
John Han, senior vice president and general manager of Qualcomm's Technology Licensing Business (QTL), said: "Qualcomm is pleased to sign a new global patent license agreement with LG Electronics. The signing of this agreement strengthens the long-term technical cooperation relationship between the two parties and is also a Qualcomm world. The re-confirmation of the value of the first-class patent portfolio. Qualcomm is the inventor and promoter of the underlying technology in the wireless industry and the leader in leading the world towards 5G. We are proud to offer breakthrough technology to leading OEMs such as LG Electronics. And support them to launch attractive products around the world."