Huawei and Oppo announced the signing of global cross-licensing agreement for technology development. It including 5G, Wi-Fi, audio and video codecs. Both companies handover their technology to one another.
Head of Huawei’s Intellectual Property Department Alan Fan describes it as a mutual recognition between Huawei and Oppo investing their intellectual property between them. He says it as a major step towards fostering a positive cycle of innovation and research in high-value. standards. They continue reinvesting in this field to provide more competitive products to consumers.
On the matter of this agreement they supply one another of their key innovation and continue their research for the future. While Huawei has a great achievement in the field of technology development, including 5G network and Wi-Fi connectivity. On the contrary, Oppo has a familiar field of audio and video systems. Both companies help themselves to develop their field by one another products.
Sanctions from the US, it was a known disaster for Huawei. But staying on the corner of the field Huawei highlighted their technology. Now the cross-licensing agreement helps them to sell their technology out of China by Oppo. While on the side of Oppo describe it as a win-win situation.
