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    WildBrain Sells Stake in Peanuts Holdings to Sony Pictures Entertainment – Licensing International

    WildBrain Sells Stake in Peanuts Holdings to Sony Pictures Entertainment – Licensing International

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OPPO and Nokia Resolve All Patent Disputes

January 25, 2024
in Technology
OPPO and Nokia Resolve All Patent Disputes
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After a protracted legal battle lasting two years and seven months, leading smart device manufacturers OPPO and Nokia have finally settled their global patent dispute. 

OPPO today announced that it has signed a global patent cross-license agreement with Nokia covering standard-essential patents in 5G and other cellular communication technologies. Following the agreement, both parties will resolve all pending litigation in all jurisdictions. The specific terms of the agreement are confidential as per mutual agreement.

Feng Ying, Chief Intellectual Property Officer at OPPO, stated that the agreement “reflects the mutual recognition and respect for each other’s intellectual property and lays the foundation for future collaboration between OPPO and Nokia”. 

Jenni Lukander, President of Nokia Technologies, said: “The new agreement – along with the other major smartphone agreements we have concluded over the past year – will provide long-term financial stability to our licensing business.”

According to OPPO, as of December 31, 2023, the company has deployed 5G communication standard patents in over 40 countries and regions, with a total of more than 5,900 patent families globally, over 3,300 5G standard patents declared to ETSI, and more than 11,000 standard documents submitted to 3GPP. According to the 2023 5G report published by the China Academy of Information and Communications Technology (CAICT) and a report from IPlytics published in October, 2023, OPPO ranks among the top companies globally in terms of 5G standard-essential patent strength.

SEE ALSO: DJI Releases Its First Intelligent 3D Model Editing Software ‘DJI Modify’

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