This is definitely great news for Palmsource, and for all of us PDA phone geeks, especially as rumors abound that Samsung will no longer licensing the Palm OS, leaving PalmOne as the sole manufacturer of Palm OS PDA phones.
Here is part of today's press release, "SUNNYVALE, Calif., July 6, 2005 — LG Electronics, Inc., (Korea Stock Exchange: 06657.KS) and PalmSource Inc., (NASDAQ: PSRC) provider of Palm OS®, a leading operating system powering next generation phones and mobile devices today announced that LG Electronics has signed an agreement to license Palm OS worldwide. Under terms of the agreement, LG Electronics can develop and market smartphones based on Palm OS..."
Read the entire palm source press release
by clicking here.