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| OPPO and Ericsson Signs Multi-Year Global Patent License Agreement |
According to Adler Feng, Head of OPPO Intellectual Property Department, through the agreement, OPPO and Ericsson will have a strong foundation for further developments related to the 5G rollout.
“OPPO has always placed intellectual property rights as our top priority. We look forward to working with Ericsson to drive cutting-edge innovation in products and services.”
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Supporting Feng’s statement, Gustav Brismark, Ericsson Chief Intellectual Property Officer, said that this partnership is an important deal and it confirms the value of the company’s patent portfolio, as well as the stability of their entire licensing program.
“Ericsson has signed more than 100 patent license agreements to date, and we are delighted to sign a mutually beneficial agreement with OPPO, a global leader in the smart device field,” Brismark shared.
Adding to its patent portfolio, OPPO has maintained its patent-first strategy, which the company first embarked 2014. As of January 2019, the company has filed more than 33,000 patent applications worldwide and owns more than 8,000 granted patents.
The deal with Ericsson is the latest in a series of patent license agreements by OPPO with key telecommunication industry partners including Qualcomm, Dolby, and Nokia.