Nokia and Oppo sign cross-license 5G patent agreement

Nokia and OPPO end patent disputes with cross-license agreement

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The deal covers 5G and other cellular technologies, with OPPO paying royalties to Nokia

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The agreement resolves all pending litigation between the parties in all jurisdictions

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Nokia’s president of technologies says the agreement reflects mutual respect and will provide long-term financial stability

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OPPO’s chief intellectual property officer says the agreement lays the foundation for future collaboration between the two companies

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OPPO is a leading global smart device brand with over 40,000 employees and a presence in more than 60 countries and regions

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Nokia is a pioneer in 5G and cellular communication, with over 20,000 patent families and €140 billion invested in R&D since 2000

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The agreement is consistent with Nokia’s long-term outlook for its licensing business, which expects to return to EUR 1.4 to 1.5 billion in the mid-term

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OPPO is a key rights holder of 5G standard-essential patents, with over 3,300 5G patents declared to ETSI and more than 11,000 standard documents submitted to 3GPP

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OPPO and Nokia aim to bring further innovation and 5G-enabled smartphones to their users around the world

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Everything about Smartphones OiSpice

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