Ericsson and OPPO, the fifth largest smartphone vendor in the world with business operations in more than 40 markets globally, have signed a global patent license agreement. This initial agreement includes a cross license covering the 2G, 3G and 4G patent portfolios from both companies.
OPPO will make on-going royalty payments to Ericsson based on a substantial part of their annual sales.
In addition to a cross license, the agreement between OPPO and Ericsson includes business cooperation on a number of projects related to 5G, like device testing, customer engagements, etc.
