Ericsson and OPPO sign global patent cross license agreement
· Multi-year global cross license covering cellular technology, including 5G · Royalty payments from OPPO to Ericsson · Business cooperation on 5G related projects such as device testing and customer engagementsEricsson (NASDAQ:ERIC) and OPPO have signed a multi-year global patent cross license agreement. This agreement includes a cross license covering patents essential to standards for cellular technologies, including 5G. OPPO, a leading smartphone vendor with sales in global markets, and significant presence in developing countries, will make royalty payments to Ericsson. In