Ericsson and OPPO Reach Groundbreaking Agreement for 5G Innovation
Monday, 15 July 2024, 07:28
Ericsson and OPPO Sign Cross-License Agreement for 5G
The recent announcement of Ericsson and OPPO entering a multi-year global cross-license agreement for 5G technology marks a pivotal moment in the telecommunications industry.
- Collaboration: Both companies have agreed to share essential cellular patents, fostering collaboration and innovation in the 5G space.
- Royalty Payments: OPPO will make royalty payments to Ericsson for utilizing the patented technology, ensuring fair compensation for intellectual property rights.
- Innovation Drive: The partnership aims to drive advancements in 5G technology, benefiting consumers with improved connectivity and network capabilities.
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