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LG Electronics Offloads 298 U.S. Patents to Nokia
2025-11-25 /
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Author：小编
In June 2025, LG Electronics completed the transfer of 298 U.S. patents related to video codec standards to Nokia. This transfer was officially recorded by the United States Patent and Trademark Office in September. These patents play a crucial role in video compression and decompression (restoration can be better expressed as decompression in technical context) in various devices, including smartphones and televisions. This strategic move marks a significant step for LG Electronics as it seeks to boost revenue through patent licensing, especially after its withdrawal from the mobile phone market. With the acquisition of these patents, Nokia is poised to further scale up its licensing operations.
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