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Huawei grants patents to Oppo after US bans super chip exports
来源：shippingazette 编辑：编辑部 发布：2023/01/03 10:35:31
SHENZHEN's Huawei Technologies has agreed to license some of its smartphone technologies to an old rival as it struggles to make money after its lucrative handset business was hit by US trade sanctions, reports Hong Kong's South China Morning Post.
Oppo, one of China's top smartphone brands, said they had agreed a "patent cross-licensing" deal covering technologies including 5G.
The deal comes as Huawei struggles to make money from its assets, including its patent pool, as revenues and profit shrink - mainly due to US having cut off its access to advanced chips. The financial terms of the deal, which Huawei said is its largest cross-licensing agreement with a Chinese company, were not disclosed.
Oppo, one of China's top smartphone brands, said they had agreed a "patent cross-licensing" deal covering technologies including 5G.
The deal comes as Huawei struggles to make money from its assets, including its patent pool, as revenues and profit shrink - mainly due to US having cut off its access to advanced chips. The financial terms of the deal, which Huawei said is its largest cross-licensing agreement with a Chinese company, were not disclosed.