A mobile terminal and method for sharing Global Positioning System (GPS) information is provided. The mobile terminal includes a first GPS engine and a GPS driver. The first GPS engine updates GPS information. The GPS driver stores the GPS information updated by the first GPS engine, and when the first GPS engine changes to a second GPS engine, provides the stored GPS information to the second GPS engine. Since GPS information is shared between GPS engines in the mobile terminal which uses the plurality of GPS engines, in the case where one of the GPS engines is selectively used for a GPS operation, warm start or hot start may be performed as much as possible.
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