OPPO and Nokia have finally called a truce, signing a global patent cross-licensing agreement for 5G and other cellular patents. This landmark deal buries their past legal battles and lays the groundwork for future collaboration.
The agreement ends months of legal wrangling stemming from Nokia’s 2021 patent infringement claims against OPPO. Both parties have agreed to resolve pending litigation, clearing the path for renewed cooperation.
This move benefits not only OPPO and Nokia, but also the entire smartphone market. It underscores the crucial role of IP in driving innovation and highlights the importance of collaboration in tackling complex technological challenges like 5G.
This agreement could pave the way for faster 5G smartphones as both companies focus on pushing the boundaries of innovation.