Huawei has entered into an agreement with OPPO to license key 5G technology patents, that not only cover 5G but also other domains such as Wi-Fi and audio/video codecs.
“We are very pleased to enter into a patent cross-licensing agreement with Huawei. 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. We will, as always, advocate for the establishment of a sustainable, healthy intellectual property ecosystem, where intellectual property licenses can be resolved through amicable negotiations and every company’s patent value is highly respected,” said Adler Feng, OPPO’s Chief Intellectual Property Officer.
Meanwhile, Nikkei Asia reports that Huawei is also licensing its 5G technology for the first time to Samsung. At one time, both companies were neck and neck in becoming the largest smartphone manufacturer in the world.
Since the US sanctions hit, Huawei has pivoted its position and started to expand its revenue stream to include patent licensing. The Chinese company, after all, was the first company in the world to integrate 5G connectivity into its chipset.
Huawei has a treasure trove of patents related to 5G technology. In 2021, the company is No. 1 at both the China National Intellectual Property Administration and the European Patent Office when it came to patents granted. It is also No. 5 at the U.S. Patent and Trademark Office.