Leading smart device company OPPO today announced the signing of a global patent licensing agreement with Volkswagen Aktiengesellschaft (hereafter referred to as Volkswagen) to license OPPO’s cellular standard-essential patents portfolio to the group, including 5G. Under the agreement, OPPO’s cellular standard-essential patents will be licensed to Volkswagen to enhance user experiences for its connected vehicle offerings across its global product lineup. “We are delighted to collaborate with Volkswagen through this patent licensing agreement,” said Vincent Lin, Head of Patent Licensing at OPPO. “Volkswagen IP team’s hard work and foresights in recognizing the value of this cooperation are highly appreciated. This partnership is further recognition of OPPO’s leadership in cellular technology innovation and our commitment to creating a long-term, healthy and sustainable intellectual property ecosystem that empowers long-term innovation and industry growth.” “The partnership with OPPO is an example of efficient, respectful, business focused collaboration in the space of licensing of Standard Essential Patents,” said Robin Cefai, Chief IP Licensing Officer at Volkswagen. It illustrates Volkswagen’s willingness to recognize the value of IP and find sustainable solutions for all parties. Marking OPPO’s first ever bilateral patent licensing agreement with a connected-car company, the collaboration reflects the broader adaption of OPPO’s cellular […]
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