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According to reports, Apple paid LG for a long-term license to use its patents

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News Tech: LG disclosed in April that it had received a one-time payment for patent licencing, but it did not identify the clients. According to industry insiders, according to a report by TheElec, LG Electronics got KRW 890 billion ($662.4 million) from two firms, of which KRW 800 billion ($595.4 million) was paid by Apple. Unknown corporation paid the discrepancy. According to reports, multi-national corporations LG Electronics and Apple have established a long-term patent licencing agreement that might last up to ten years. There may have been “several standard essential patents” among the patents.

Apple to release the iPhone 14 on September 7, ads coming to Maps Apple to release the iPhone 14 on September 7, ads coming to Maps. Watch Series 8 could feature body temperature measurement if Apple gets the algorithm right Watch Series 8 could feature body temperature measurement if Apple gets the algorithm right. Report: LG is building a foldable OLED display for an HP laptop and perhaps an Apple MacBook too Report: LG is building a foldable OLED display for an HP laptop and perhaps an Apple MacBook too.

Apple reportedly paid LG for a long-term patent licensing agreement. Since LG has exited the smartphone business, its obligations to pay Apple for a cross-licensing agreement have changed, thus the payment made from Apple to compensate for the remainder of a previously arranged cross-licensing patent agreement. “LG holds multiple standard essential patents and will likely seek an agreement with Samsung as well”, writes The Elec. “While LG may have exited the smartphone business, its other affiliates such as LG Innotek and LG Display will continue to supply camera modules and displays, respectively, to the iPhone maker.

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Apple patents periscope lens design for its iPhones with two prisms, LG and Corning working on liquid lenses Apple patents periscope lens design for its iPhones with two prisms, LG and Corning working on liquid lenses. RIP. They left the market just when people started searching high and low for something different Look at all the hype Nothing got, and all they did was put some blinky lights on the back of the most nothing phone ever made.  I agree. I was also waiting for the LG Flex 3 back in the day. We could have had some really interesting phones. They should have dumped the G series line after the disaster that was the G5 (sorry LG, Motorola outshined you HARD with their module. so, u have experience do business with apple ? seem like u know everything about apple or just ur op of pov

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