South Korean smartphone manufacturer Samsung signed a partnership with the technology major Google earlier this year. That deal was based on cross-patent usage on products up to a period of 10 years.
Iterating the same, the Mountain View based company has signed a similar deal with another potential Android Smartphone manufacturer LG Electronics. Signing the deal, both the companies have entered into a long-term patent cross-licensing agreement covering a broad range of products and technologies. The agreement covers the two companies' existing patents as well as those filed over the next 10 years.
"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 the LG Electronics Intellectual Property Center.
"We're pleased to enter into this agreement with a leading global technology company like LG," said Allen Lo, deputy general counsel for patents at Google. "By working together on cross-licenses like this, companies can focus on bringing great products and services to consumers around the world."
This agreement builds on the long-standing alliance between Google and LG Electronics, the companies said.
LG is a potential developer of smartphone devices hence carries a certain amount of importance in the eyes of Google. The Nexus 5 developer recorded a 39% sales boost in the third quarter of 2014. The G3, flagship Android device of LG has also garnered good amount of appreciation from technology experts and users.
