Finnish telecommunications equipment manufacturer Nokia announced on Wednesday that it has successfully concluded a 5G patent cross-licensing agreement with Chinese device maker Oppo. This collaborative deal marks the resolution of ongoing patent disputes between the two companies.
Nokia has been entangled in legal conflicts with various Chinese tech firms, including Oppo, pertaining to patent payment matters. This recent agreement follows Nokia’s successful negotiation with another Chinese smartphone manufacturer, Honor.
According to Nokia’s statement, “Under the agreement, Oppo will make royalty payments, along with catch-up payments to cover the periods of non-payment.” This comprehensive understanding effectively resolves all pending patent litigation between Nokia and Oppo across various jurisdictions.
The collaborative approach taken by Nokia and Oppo in reaching this agreement not only showcases their commitment to resolving disputes but also emphasizes the importance of fostering a cooperative environment within the tech industry.
The 5G patent cross-licensing deal reflects a forward-thinking approach to intellectual property matters, ensuring a more harmonious relationship between the companies involved.