Categories: News

OPPO and Nokia sign 5G patent cross-license agreement

SHENZHEN, CHINA – Media OutReach Newswire – 24 January 2024 – Leading smart device company OPPO today announced that it has signed a global patent cross-license agreement with Nokia covering standard-essential patents in 5G and other cellular communication technologies. Following the agreement, both parties will resolve all pending litigation in all jurisdictions. The specific terms of the agreement are confidential as per mutual agreement.

Feng Ying, Chief Intellectual Property Officer at OPPO, stated, “We are pleased to have reached this global patent cross-license agreement with Nokia, which includes cross-licensing for 5G standard-essential patents. This agreement reflects the mutual recognition and respect for each other’s intellectual property and lays the foundation for future collaboration between OPPO and Nokia. OPPO continues to advocate for reasonable royalty fees and a long-term approach to intellectual property that supports the resolution of disputes through amicable negotiations and mutual respect for the value of all intellectual property.”

Jenni Lukander, President of Nokia Technologies, said: “We are delighted to have reached a cross-license agreement with OPPO that reflects the mutual respect for each other’s intellectual property and Nokia’s investments in R&D and contributions to open standards. OPPO is one of the leading companies in the global smartphone market and we look forward to working together to bring further innovation to their users around the world. The new agreement – along with the other major smartphone agreements we have concluded over the past year – will provide long-term financial stability to our licensing business.”

As a key rights holder of 5G standard-essential patents and a global leader in smart device innovation, OPPO is both an innovation and implementor of technology standards. As of December 31, 2023, OPPO has deployed 5G communication standard patents in over 40 countries and regions, with a total of more than 5,900 patent families globally, over 3,300 5G standard patents declared to ETSI, and more than 11,000 standard documents submitted to 3GPP. According to the 2023 5G report published by the China Academy of Information and Communications Technology (CAICT) and a report from IPlytics published in October 2023, OPPO ranks among the top companies globally in terms of 5G standard-essential patent strength.

Hashtag: #OPPO

The issuer is solely responsible for the content of this announcement.

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

Miscw.com

Recent Posts

China Focus: Technology sows seeds of hope in combating desertification

HOHHOT, CHINA - Media OutReach Newswire - 23 December 2024 - China's National Forestry and…

4 hours ago

Novautek Honored with the “Outstanding SME ESG and Business Performance Award”

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…

6 hours ago

V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…

6 hours ago

Molex Anticipates Steady Growth in High-Speed Connectivity in 2025, Driving Electronics Design Innovations Across Diverse Industry Sectors

Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address data-intensive…

8 hours ago

Celebrating 25 Years of Excellence: DYXnet Embarks the New Chapter of Digital Transformation

HONG KONG SAR - Media OutReach Newswire - 23 December 2024 - DYXnet, a wholly-owned…

9 hours ago

The Top 10 Best Places to Work in Egypt for 2024 revealed

CAIRO, EGYPT - Media OutReach Newswire - 23 December 2024 - Eand, Novo Nordisk, BSH,…

11 hours ago