[MediaTek] Subsidiary Acquires Patent Rights from LG Electronics

May 29, 2026

Key facts

[MediaTek] Subsidiary Acquires Patent Rights from LG Electronics
MediaTek's subsidiary, Huanfa Co., Ltd., announced on May 29, 2024, the acquisition of patent rights from LG Electronics Inc. for NT$1.6 billion (approx. US$50 million). The acquisition is for operational use and was determined based on independent expert advice.
Source: PR Times
Date: May 29, 2026

Direct answer

MediaTek's subsidiary, Huanfa Co., Ltd., announced on May 29, 2024, the acquisition of patent rights from LG Electronics Inc. for NT$1.6 billion (approx. US$50 million). The acquisition is for operational use and was determined based on independent expert advice.

Citation: [MediaTek] Subsidiary Acquires Patent Rights from LG Electronics (May 29, 2026), PR Times
Source: PR Times
Date: May 29, 2026

MediaTek's subsidiary, Huanfa Co., Ltd., announced on May 29, 2024, the acquisition of patent rights from LG Electronics Inc. for NT$1.6 billion (approx. US$50 million). The acquisition is for operational use and was determined based on independent expert advice.

techNQ 51/100出典：PR Times

📋 Article Processing Timeline

📰 Published: May 29, 2026 at 09:00
🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
🤖 AI Analyzed: May 31, 2026 at 18:18 (34h 18m after Collected)

1. Subject: Patent rights. 2. Date: 2026/05/29. 3. Board approval: 2026/05/29. 4. Transaction amount: NT$1.6 billion (US$50 million). 5. Counterparty: LG Electronics Inc. (non-related party). 6. Payment terms: Per contract. 7. Decision process: Board of Huanfa and independent expert opinion. 8. Purpose: Operational use. 9. Dissent: None. 10. Accounting firm: Weiteng CPA Firm (CPA Zhu Jian-cheng). 11. Other: None.

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