Reserve the next Galaxy, Get a $50 Samsung Credit. New deals, S25 Ultra, Watch Ultra.
Last updated: April 27th, 2021 at 17:16 UTC+02:00
SamMobile has affiliate and sponsored partnerships, we may earn a commission.
Reading time: 2 minutes
LG has retired from the mobile market but the company still owns a lot of valuable patents for both LTE and 5G technologies. Last year, LG was the world's third-largest patent holder for 5G technologies after Nokia and Samsung. According to sources, LG's patent portfolio covering both LTE and 5G technologies is worth anywhere between 1 and 1.5 trillion won ($900 – $1.3 million).
Some NPEs are reportedly looking at LG's portfolio with intentions of buying the company's 5G patents. This makes sense for NPEs because it's their usual M.O. NPEs hold on to patents and sell licensing agreements for profit, but they don't intend on using the patented technologies for their own products.
As for Samsung Electronics, the company might be thinking of doing the exact opposite. Samsung might be looking to tap into LG's rich 5G patent portfolio through licensing agreements rather than acquisitions, according to anonymous industry sources cited by The Korea Times.
Samsung hasn't officially confirmed any of this though, so we'll have to wait and see if the company does indeed have any interest in LG's 5G patented technologies.
Mihai is a blogger and column writer at SamMobile. His first Samsung phone was an A800 which took a lot of beating, and a part of him still misses the novelty of the clamshell design. In his free time, he enjoys watching shows, documentaries, and stand-up comedy; listening to music, taking walks, and occasionally playing old(er) video games.
Trending
We'd like to show you notifications for the latest important news and updates