MediaTek announces $50M patent purchase from LG Electronics; also acquires Alibaba, NEC patents

Context: Taiwanese chipmaker MediaTek has been a key player in the mobile device value chain for many years, but more recently has been trying to build its presence in sectors such as AI, advanced computing, data centers, and automotive (April 20, 2026 MediaTek blog post). It has also been involved in patent disputes across the globe in recent years, including with Huawei (October 9, 2025 ip fray article).

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