Toshiba, LG Electronics Sign Patent Deal
TOKYO, Feb. 9, 2006
(AP) Toshiba and South Korea's LG Electronics have signed an agreement to share their worldwide patents for optical disc products, the two companies said Thursday. Toshiba also announced an additional investment in computer chips.
The cross-licensing agreement between Japanese electronics-maker Toshiba and LG is expected to expedite product development and reduce development costs for optical products such as next-generation DVDs, the companies said in a joint statement.
Read the entire article here
TOKYO, Feb. 9, 2006
(AP) Toshiba and South Korea's LG Electronics have signed an agreement to share their worldwide patents for optical disc products, the two companies said Thursday. Toshiba also announced an additional investment in computer chips.
The cross-licensing agreement between Japanese electronics-maker Toshiba and LG is expected to expedite product development and reduce development costs for optical products such as next-generation DVDs, the companies said in a joint statement.
Read the entire article here