STOCKHOLM (dpa-AFX) - Ericsson (ERIC) and OPPO have signed a multi-year
global patent cross license agreement covering patents essential to standards
for cellular technologies, including 5G. OPPO will make royalty payments to
Ericsson. Also, OPPO and Ericsson will conduct business cooperation on a number
of projects related to 5G, including device testing, customer engagements and
marketing activities.

Christina Petersson, Chief Intellectual Property Officer at Ericsson, said: 'The
license confirms that the patent licensing industry works and is proof that a
vast majority of license agreements are based on business negotiations. We now
look forward to growing Ericsson's IPR revenues with additional 5G agreements
and expansion into additional licensing areas, such as IoT and consumer
electronics.'



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