Philips and LG today announced that LG will
join the 3C DVD patent licensing group for DVD ROM and DVD Video. LG's
joining is the result of its investments in DVD technology and patent
development. The 3C DVD licensing group was established in 1998 and currently
consists of Philips, Sony and Pioneer.
Koo, chairman & CEO of LG Electronics said: 'I'm happy that LG Electronics now joins the DVD joint licensing program, also commonly known as 3C. We will cooperate with those companies on patent protection and patent exploitation now and in the future. LG Electronics is excited to join the most professional licensing organization in the field of optical storage patent licensing and will consider future cooperation with the same partners in other optical storage programs in which LG Electronics has important patent portfolios; LG Electronics' joining 3C program shows that the technical power of LG Electronics is coming at par with the world top companies. And LG Electronics will continue to invest in the patent field to be a major global player in the future AV market." |
Source: Philips
