LG’s Smartphone Patent Portfolio – A Treasure Hunt

 It was unavoidable for LG Electronics to close its mobile phone division after nearly six years of persistent losses. Although many people would not have anticipated the bleeding business unit to be completely closed, the pandemic and the status of the economy only made it more inevitable. The news broke on April 5, 2021, when LG officially confirmed the shutdown of its mobile phone business segment. Since then, there have been ongoing rumours regarding decisions involving their largely successful patent portfolio.

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