Ericsson and OPPO have inked a multi-year global patent cross-license agreement, covering essential patents for cellular technologies, including 5G. This deal involves OPPO, a leading smartphone vendor, making royalty payments to Ericsson, with additional cooperation on 5G projects such as device testing, customer engagements, and marketing activities.
This agreement, which aligns with global practices for licensing cellular 3GPP standards, reflects in Ericsson's Q2 2024 financial results. Ericsson, a major contributor to global mobile standards and a leader in 5G technology, has a patent portfolio of over 60,000 granted patents and invests more than SEK 45 billion annually in R&D.
- Multi-year global patent cross-license agreement
- Covers essential patents for cellular technologies, including 5G
- OPPO to make royalty payments to Ericsson
- Cooperation on 5G projects: device testing, customer engagements, and marketing
- Agreement aligns with global 3GPP standards practices
- Financial impact reflected in Ericsson's Q2 2024 results
- Ericsson holds over 60,000 granted patents and invests SEK 45 billion annually in R&D
