Saturday, March 29, 2008

[The Chosun Ilbo, February 28 2008] LG Signs Cross-Licensing Pact with GE

LG Electronics Wednesday said it has signed a cross-licensing pact with a unit of General Electric. The agreement allows LG and GE Consumer and Industrial to use each other's patented technologies without paying licensing fees for refrigerators and cooking appliances. Since 1999 when they jointly developed a light wave-microwave oven, LG and GE have maintained a technological and business partnership.

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