Ericsson and OPPO sign 5G global patent agreement
Several joint projects lined up
Ericsson and OPPO have finalised a comprehensive multi-year global patent cross-licence agreement, marking a significant milestone in cellular technology, particularly 5G.
Under the terms of the newly signed agreement, OPPO, renowned for its global smartphone sales and strong presence in emerging markets, will pay Ericsson royalty fees for using essential patents related to cellular standards, including 5G.
This mutual licensing arrangement ensures compliance with industry standards and underscores the importance of intellectual property rights in fostering technological innovation.
In addition to the patent cross-licence, Ericsson and OPPO will collaborate on various initiatives to advance 5G technologies. These efforts encompass joint projects in device testing, customer engagements, and collaborative marketing activities.
Christina Petersson, Ericsson’s Chief Intellectual Property Officer, highlighted the new agreement’s significance: “This essential royalty-bearing licence agreement with OPPO enables Ericsson to continue investing in fundamental communication technologies.
“It exemplifies the functioning of the patent licensing ecosystem, where agreements are reached through business negotiations, reflecting mutual respect’s patent portfolios.”
The financial implications of this agreement were reflected in Ericsson’s Q2 2024 financial results, underscoring its immediate and significant impact on the company’s revenue streams.
The agreement between Ericsson and OPPO adheres to global norms. Companies utilising cellular standards like 5G must enter into licensing agreements with patent holders, ensuring fair compensation for extensive research and development investments.
Ericsson anticipates further growth in its intellectual property revenues through additional 5G agreements and expansion into emerging licensing areas such as IoT (Internet of Things) and consumer electronics.
Patrick Johansson appointment
Meanwhile, Ericsson has appointed Patrick Johansson as the new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President, effective August 1, 2024. Johansson will join Ericsson’s executive team and report directly to Börje Ekholm, Ericsson’s President and CEO.
As Head of Business Control and Operations at Ericsson’s Business Area, Cloud Software and Services, Johansson brings extensive experience spanning various global markets and business areas. Based in Riyadh, Saudi Arabia, Johansson will lead Ericsson’s operations across the Middle East and Africa.
Johansson’s career at Ericsson began in 1997 and has been marked by significant leadership roles, including Global Head of Sales & Commercial Management for Business Area Networks and Head of Customer Unit Korea.
His diverse international experience includes living and working in Sweden, Korea, India, Austria, China, and Vietnam, contributing to his deep understanding of Ericsson’s technology and business strategy.
Ekholm, Ericsson’s CEO, expressed confidence in Johansson’s appointment, highlighting his strategic insight and extensive industry knowledge. “Patrick has an extensive understanding of our technology and business strategy, which are crucial factors in maintaining our leading industry position,” Ekholm stated.
“I am pleased that he has accepted this role and look forward to his contributions to the executive team.”
In response to his appointment, Johansson expressed his enthusiasm and commitment to driving Ericsson’s innovation and customer-centric initiatives in the Middle East and Africa. “I am honoured and thrilled to be offered this opportunity,” said Johansson.
“Ericsson is at the forefront of technology trends, particularly in digitalising businesses and societies through advanced network solutions. I look forward to collaborating with our customers, partners, and colleagues to deliver exceptional value in the region.”
Ericsson’s high-performing networks connect billions of people every day.
Featured image: Ericsson’s global headquarters in Kista, Sweden. Credit: Ericsson
