It is common for technology companies to cross-license patents, and recently Huawei and Oppo have also reached such cooperation. The two companies signed a newGlobal Patent Cross-Licensing Agreementthe content override includes 5G standardIncluding cellular communication standard basic patents. Before being sanctioned by the US government, Huawei was the world leader in the number of 5G patents it holds. As of 2021, the percentage of standard essential patents in its 5G patent library has reached 18.3%, and mobile phone manufacturers basically cannot avoid this part of the authorization if they want to make a product. Now that Oppo can reach cross-licensing cooperation with Huawei, it can be seen that the patent assets they hold are also of high value.
“After more than 20 years of continuous innovation, Huawei has formed a number of high-value patent packages around the world, including 5G, Wi-Fi, audio and video. Huawei is very happy to reach a cross-license agreement with Oppo Enterprises recognize the value of intellectual property rights, can promote the positive innovation cycle of “investment-return-reinvestment” in high-value standard technology research, enhance the industry’s sustainable innovation capability, and provide consumers with products and more competitive services, said the head of Huawei’s intellectual property department, Fan Zhiyong.
“We are very pleased to have reached a comprehensive patent cross-licensing agreement with Huawei, which fully reflects both parties’ recognition and respect for each other’s intellectual property rights. Solve the intellectual property rights license and respect the value of the patent of the other”. Feng Ying, head of intellectual property at Oppo, said.
