Paramount Skydance to Acquire Warner Bros Discovery in $110 Billion Media Mega-Deal 
Trump Media Weighs Truth Social Spin-Off Amid $6B Fusion Energy Pivot 
Flare, Xaman Roll Out One-Click DeFi Vault for XRP Yield via XRPL Wallets 
Lynas Rare Earths Shares Surge 7% After Malaysia Renews Processing Plant Licence for 10 Years 
Gold Prices Surge Over 2% After U.S.-Israel Strikes on Iran Spark Safe-Haven Demand 
Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom 
Global Markets React as Dollar Surges, Swiss Franc Rallies After U.S.-Israel Strike on Iran 
Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors 
Asian Currencies Slide as US-Israel Strikes on Iran Trigger Oil Surge and Risk-Off Rally 
Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock 
Trump Warns Iran as Gulf Conflict Disrupts Oil Markets and Global Trade 
Australia Targets AI Platforms With Strict Age Verification Rules 
Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran 
Australia Housing Market Hits Record High Despite RBA Rate Hike 
Greg Abel’s First Berkshire Hathaway Shareholder Letter Signals Continuity, Caution, and Capital Discipline 
Netflix Declines to Raise Bid for Warner Bros. Discovery Amid Competing Paramount Skydance Offer 
Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models 
Samsung Electronics is said to be showing interest in LG Electronic’s 5G mobile patents since it has given up its smartphone business earlier. The company may consider buying the patents from its former rival in the phone biz so these can be applied in its own mobile productions.
LG’s 5G patents gain attention
The Korea Times reported that Samsung Electronics is not the only one that is eyeing LG’s fifth-generation or 5G patents. A number of non-practicing entities (NPEs) are reportedly mulling on purchasing the said technology as well.
According to an industry insider, Samsung may be looking for ways to get 5G technologies and buying LG’s patents has come to mind since it already withdrew from the phone business. Rather than go to waste, the interested parties may have thought that they can just use them instead.
It was added that it is more likely that Samsung wants a licensing deal with LG instead of fully acquiring the patents. As mentioned before, NPEs are also interested since they can earn by holding onto the technologies and then sell them for licensing agreements. This means that they do not have the intention of using the patents for their own productions but selling them for profits.
"A lot of NPEs have approached LG Electronics for the possible acquisition of its 5G mobile patents," an insider told The Korea Times. "Various scenarios are being discussed as LG has valuable patents in both long-term evolution (LTE) and 5G standard networks and Samsung Electronics is said to be interested in using these patents.”
LG’s exit in the phone business
Earlier this month, LG Electronics announced it is officially withdrawing from the phone biz. It was not a quick decision as the company already considered all its options. The executives determined that they can no longer continue as the losses in their mobile business are piling up, and yet, sales remained bad.
After losing $4.5 billion in the last six years, it was decided to just give up and retreat from the mobile phone market. Reuters noted that LG Electronics is the very first major brand to call it quits. Meanwhile, Samsung Electronics may be interested in LG’s 5G technologies, but it said that as of this time, it does not have concrete plans about initiating a deal yet.
