The expansion of Chinese smartphone makers will sooner or later lead to the need to settle all patent disputes with the holders of the largest patents in the industry. This is what recently happened between Oppo and Ericsson, as the companies entered into a multi-year cross-licensing agreement in the field of 5G networks.
Chinese manufacturer under the terms of this agreements will pay Ericsson royalties for each device sold that supports the 5G communication standard. The companies will also conduct joint activities in the field of equipment testing and its promotion on the market. Oppo representatives emphasized that the company is aimed at friendly negotiations in the field of patent law on the terms of mutual respect and fair assessment of intellectual property. Ericsson noted that it will use the funds received as license payments to develop new fundamental technologies in the field of telecommunications.
A few months ago, Oppo signed a similar agreement with the Finnish company Nokia, which also holds key patents in the field of 5G networks. The latter also extended corresponding license agreements with Samsung, Apple and Honor. It should be noted that according to the results of the second quarter of this year, based on IDC statistics, Oppo shared fourth place with Vivo in the global smartphone market, so ensuring comfortable legal conditions for carrying out its activities is very important for it.
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