OPPO announced the signing of a global patent cross-licensing agreement with Nokia, which covers both parties’ standard essential patents in 5G and other cellular communication technologies. The parties will conclude all pending litigation in all jurisdictions upon execution of the Agreement. The specific terms of the agreement will be kept confidential as agreed by both parties.
OPPO Chief Intellectual Property Officer Feng Ying said: "We are pleased to reach a global patent cross-licensing agreement with Nokia, including 5G standard essential patents. This agreement reflects the recognition and respect of each other's intellectual property rights and lays the foundation for future cooperation between the two parties. OPPO always respects intellectual property rights, advocates reasonable fees, advocates the establishment of a long-term and healthy intellectual property ecosystem, resolves intellectual property disputes between licensors and licensees through friendly negotiation, and respects the value of patents."
Jenni Lukander, President of Nokia Technologies, said: "We are pleased to have reached a cross-licensing agreement with OPPO. This agreement reflects the mutual respect for each other's intellectual property rights and Nokia's investment in advanced research and development and contribution to open standards. OPPO is one of the leading companies in the global smartphone market, and we look forward to bringing more innovations to its customers around the world through our collaborative efforts. This new license agreement, along with other important smartphone licensing agreements Nokia has reached over the past few years, will provide long-term financial stability for our licensing business."
According to data released by OPPO, as of December 31, 2023, OPPO has laid out 5G communication standard patents in more than 40 countries and regions around the world, completed a total of 5,900+ families of global patent applications, declared 3,300+ families of 5G standard patents in ETSI, and submitted a total of more than 11,000 standard manuscripts to 3GPP.