OPPO and Nokia Sign 5G Patent Cross-License Agreement
Leading smart device company OPPO today announced that it has signed a global patent cross-license agreement with Nokia covering standard-essential patents in 5G and other cellular communication technologies. Following the agreement, both parties will resolve all pending litigation in all jurisdictions. The specific terms of the agreement are confidential as per mutual agreement. Feng Ying, Chief Intellectual Property Officer at OPPO, stated, "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
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