Earlier this month, Nokia has signed a 5G patent license agreement with Honor. Now, Nokia has signed another one, but with Oppo this time.
Oppo and Nokia have signed a 5G license agreement for a multi-year period. This comes after a patent infringement lawsuit between the two companies back in 2021.
With the agreement, Oppo will now pay royalty and catch-up fees to Nokia as well.
“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,” Oppo’s OPPO’s Chief Intellectual Property Officer, Feng Ying, has stated.
Additionally, 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.”
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