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在线翻译:
szdaily -> Markets -> 
Google, Tencent agree to share patents
    2018-01-22  08:53    Shenzhen Daily

ALPHABET Inc.’s Google and Shenzhen-based Tencent Holdings Ltd. have agreed to share patents covering a range of products and technologies, in an alliance between two of the world’s largest corporations.

The U.S. technology company has signed similar agreements before with Samsung Electronics, LG Electronics and Cisco Systems, but the deal with Tencent is a first with a large Chinese tech firm.

The cross-licensing deal comes with an understanding that Google and Tencent — the world’s second-largest and fifth-largest company, respectively — will team up on developing future technologies. The agreement may smooth the U.S. company’s business in China while helping Tencent’s push to expand beyond its dominant position on the Chinese mainland.

Google has previously said that agreements such as these reduce the potential of litigation over patent infringement.

The agreement with Tencent covers a broad range of products and paves the way for collaboration on technology in the future, Google said Friday, without disclosing any financial terms of the deal.

Tencent oversees China’s top social media and payments app, WeChat, which has close to a billion users. It also oversees one of the country’s most popular app stores and hosts the country’s biggest gaming and livestream platforms.

“By working together on agreements such as this, tech companies can focus on building better products and services for their users,” Mike Lee, Google’s head of patents, said in a statement.

Over the past year, Google has indicated that it was looking to increase it presence in the Chinese market, with the launch of a local AI research lab, introduction of a version of its translation app and expansion into new cities. (SD-Agencies)

 

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