Foxconn has confirmed the sale of numerous communications technology patents to Google, although figures were not disclosed.
The major Taiwanese manufacturer is well known for building the most popular devices in the world, including the iPhone, iPad and Sony PlayStation consoles. Less known about Hon Hai (the parent of Foxconn), is its significant patent portfolio, which is now above 64,000.
Google, another one of the world's largest patent holders, is always in the market to bolster their portfolio, especially from ongoing legislation from other giants like Microsoft and Apple. The search giant purchased head-mounted display patents from Foxconn last year, and has a good business relationship.
As part of their press release, Foxconn says it will continue to invest in R&D and "transforming such investments into valuable intellectual property assets."
Source:
WSJ
Google, another one of the world's largest patent holders, is always in the market to bolster their portfolio, especially from ongoing legislation from other giants like Microsoft and Apple. The search giant purchased head-mounted display patents from Foxconn last year, and has a good business relationship.
As part of their press release, Foxconn says it will continue to invest in R&D and "transforming such investments into valuable intellectual property assets."
Source:
WSJ
