LG and Mediatek sign patent agreement with Mosaid

Mosaid Technologies, which specialises in intellectual property semiconductor licensing, has signed a patent agreement with LG and MediaTek.

It’ll give LG the right to an eight year non-exclusive licence for “certain microcomponents” on every LG product. 

MediaTek has a five year licence which will cover “certain MediaTek semiconductor products”.

Ontario-based Mosaid deals in semiconductor memory tech, so it’s probably something like that.

No further information, terms of agreement or money exchanged has been announced.