LG And Sony Signed A “Cross-Licensing Deal”

Sony and LG haven’t been on the best of terms lately with patent disputes serving as the major reason for conflict between the two companies and the dispute between the companies started late last year when Sony filed a complaint with the U.S. International Trade Commission, requesting it ban the sale of LG phones in the U.S. The terms of the deal have no been disclosed, but the companies have dropped the lawsuits and apparently reached a cross-licensing deal that will enable them to keep producing their respective products, the agreement expired three years ago and the companies were unable to come to terms on a new one...................

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