Leading sensible system firm OPPO at the moment introduced that it has signed a worldwide patent cross-license settlement with Nokia protecting standard-essential patents in 5G and different mobile communication applied sciences. Following the settlement, each events will resolve all pending litigation in all jurisdictions. The particular phrases of the settlement are confidential as per mutual settlement.
Feng Ying, Chief Intellectual Property Officer at OPPO, acknowledged, “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, stated, “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.”
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As a key rights holder of 5G standard-essential patents and a worldwide chief in sensible system innovation, OPPO is each an innovation and implementor of know-how requirements. As of December 31, 2023, OPPO has deployed 5G communication normal patents in over 40 international locations and areas, with a complete of greater than 5,900 patent households globally, over 3,300 5G normal patents declared to ETSI, and greater than 11,000 normal paperwork submitted to 3GPP. According to the 2023 5G report printed by the China Academy of Information and Communications Technology (CAICT) and a report from IPlytics printed in October 2023, OPPO ranks among the many prime firms globally when it comes to 5G standard-essential patent power.
About OPPO
OPPO is a number one world sensible system model. Since the launch of its first cell phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the right synergy of aesthetic satisfaction and modern know-how. Today, OPPO gives a variety of sensible units spearheaded by the Find and Reno collection. Beyond units, OPPO additionally gives its customers with ColorOS working system and web companies resembling OPPO Cloud and OPPO+. OPPO has footprints in additional than 60 international locations and areas, with greater than 40,000 workers devoted to creating a greater life for purchasers around the globe.
