Earlier today, Nokia announced that it has signed a patent license agreement with China’s OPPO. Under the agreement, OPPO will make payments to Nokia for a multi-year license period.
This announcement is very interesting, especially in light of the current US-China Trade War. One of the main reasons that the US has launched trade sanction is to address the unfair demands of China to license Western technology as a prerequisite for gaining market access. Evidently, Nokia is not concerned about technology licensing issues with China. Although the specifics of the technologies concerned have not been disclosed, it is quite possible that it includes technologies developed at the legendary AT&T Bell Laboratories (Bell Labs), now Nokia Bell Laboratories, in New Jersey.
The terms of the agreement remain confidential between the parties.
“OPPO is one of the leaders in the smartphone industry and we are pleased to welcome them as a Nokia licensee,” said Maria Varsellona, Nokia Chief Legal Officer and President of Nokia Technologies. “This agreement further validates our global licensing program.”
OPPO is a global smartphone brand, dedicated to providing products “infused with art and innovative technology”. In 2017, OPPO was ranked as the number 4 smartphone brand globally, according to IDC. And today, OPPO’s business covers 31 countries and regions, and has 6 research centers worldwide.
TruePulse buys and sells new surplus and used telecommunication equipment by Nokia, including what used to be Lucent and Alcatel. These include the 1665 DMX Metropolis Access Mux , the 5ESS and the FT-2000 .
For more information on the announcement, see https://www.nokia.com/about-us/news/releases/2018/11/26/nokia-and-chinas-oppo-sign-patent-license-agreement/
For information on OPPO, see https://www.oppo.com/en/