Huawei and Oppo announce cross-licensing agreement
In a short press release, Huawei and Oppo announced their new cross-licensing agreement. Patents relate to technologies such as 5G, Wi-Fi and audio/video codecs.
Since the announcement doesn’t go into detail, one would assume that Huawei is providing the connectivity know-how while Oppo will provide Huawei with audio and video patents. As some of you may know, Oppo has a long history in high quality audio and video consumer electronics.
The statement says it’s a win-win situation for both companies and we tend to agree. Due to US sanctions, Huawei has been pushed into a corner, so a cross-licensing deal with Oppo could ensure that some 5G technologies will finally be exploited by a company selling products outside of China. Only time will reveal the true scope of this cooperation.
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