Ericsson and OPPO sign global patent cross license agreement

STOCKHOLM, July 15, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and OPPO have signed a multiyear global patent cross license agreement. This agreement includes a cross license covering patents essential to standards for cellular technologies, including 5G. OPPO, a leading smartphone vendor with sales in global markets, and significant presence in developing countries, will make royalty payments to Ericsson. In addition to a cross license, OPPO and Ericsson will conduct business cooperation on a number of p ...