Adeia announced the renewal of its intellectual property license agreement with LG Electronics. This multi-year agreement extends the longstanding relationship between the two companies, encompassing Adeia’s expansive media IP portfolio. “We are pleased to continue our partnership with LG, which, for decades, has been a global leader in consumer electronics,” said Dr. Mark Kokes, Adeia’s chief licensing officer, media. “This renewal underscores the enduring value of our intellectual property and its importance in enabling cutting-edge entertainment experiences for consumers worldwide.”
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