WiLAN Enters into License Agreement with LG Electronics
Ottawa, Ontario--(Newsfile Corp. - October 3, 2023) - Wi-LAN Inc. ("WiLAN") announced today that WiLAN has entered into a license with LG Electronics Inc. ("LG").
LG has obtained a license to wireless patents owned by WiLAN and its subsidiaries that relate to LG's 4G telematics control units for use in automobiles. LG's previous wireless license expired in late 2022 and this license reflects the continued strength of WiLAN's wireless patent portfolio.
The license fees payable by LG and all other terms of the license agreement are confidential.