OPPO and Ericsson have announced the signing of a multi-year global patent license agreement between the two companies. The agreement covers patent licensing, and collaboration on a number of business projects.

The over 500 patents OPPO is acquiring from Ericsson cover countries and regions including the US, Europe, China and India. And are part of the world’s race to 5G connectivity.

“OPPO has always placed intellectual property rights as our top priority. We look forward to working with Ericsson to drive cutting-edge innovation in products and services.” – Adler Feng, Head of OPPO Intellectual Property Department.

“This important deal confirms the value of our patent portfolio and further validates the Ericsson FRAND licensing program. Ericsson has signed more than 100 patent license agreements to date, and we are delighted to sign a mutually beneficial agreement with OPPO.” – Gustav Brismark, Chief Intellectual Property Officer at Ericsson

The company states that securing communications patents from Intel and Ericsson will serve to bolster OPPO’s technological development capacity as the company grows its business in global markets.

OPPO has also recently signed a patent transfer agreement with Intel involving the transfer of 58 patents in areas related to cellular mobile communications technology.

As of January 2019, the company has filed more than 33,000 patent applications worldwide and owns more than 8,000 granted patents. The deal with Ericsson is the latest in a series of patent license agreements by OPPO with key telecommunication industry partners including Qualcomm, Dolby and Nokia. OPPO says they will continue to work closely with leading industry partners to bring the best products and experiences to consumers globally.