SHENZHEN: Chinese tech giant Huawei Technologies Co. Ltd. announced last Friday that it had signed a global patent cross-licensing agreement with local smartphone maker Oppo.
The deal covers cellular standard essential patents, including Fifth Generation (5G), according to Huawei.
The past year saw Huawei sign patent licensing deals with nearly 20 manufacturers around the world, including Samsung, said Shen Hongfei, vice president of Huawei's legal department.
A total of 350 million 5G mobile phones and 15 million intelligent connected vehicles are expected to be granted patents by the company this year, Shen added.
'It clearly demonstrates that the two companies recognize and greatly respect the value of each other's intellectual property. It is a win-win deal for both sides,' said Adler Feng, Oppo's chief intellectual property officer.
An employee demonstrates the intelligent automotive solution developed by Huawei at the 2020 Beijing International Automotive Exhibition in the Chinese capital on Sept. 26, 2020. XINHUA FILE PHOTO
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