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.