Ericsson, Oppo sign multi-year global patent cross license agreement

Ericsson and Oppo have signed a multi-year global patent cross license agreement. This agreement includes a cross license covering patents essential to standards for cellular technologies, including 5G. Oppo, a smartphone vendor with sales in global markets, and presence in developing countries, will make royalty payments to Ericsson. In addition to a cross license, Oppo and Ericsson will conduct business cooperation on a number of projects related to 5G, including device testing, customer engagements and marketing activities. This agreement is in line with global practice where companies that provide products using cellular 3GPP standards such as 5G need a license agreement with patent holders in order not to infringe these patents, and also for patent holders to be compensated for their R&D investment. The financial benefit of this agreement was already reflected in Ericsson’s Q2 financial results. Over several decades, Ericsson has been a contributor to 3GPP and to the development of global mobile standards.