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ZTE and vivo sign global patent cross-licensing agreement

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Mar 07, 2024 am 09:22 AM

ZTE patentvivo patent

According to news from this site on March 5, ZTE announced today that it has signed a global patent cross-licensing agreement with vivo, starting a strategic cooperation between the two parties in the patent field.

Mi Yao, director of the Intellectual Property Department of ZTE Corporation, said that ZTE and vivo have reached a strategic cooperation, which reflects the high importance that both parties attach to intellectual property rights. The cross-licensing agreement between the two parties further demonstrates the mutual recognition of Chinese companies' contributions to standards in the communications field. This move also highlights the determination and strength of domestic innovative enterprises to actively seek win-win solutions.

ZTE’s R&D investment in the first three quarters of 2023 reached 19.06 billion yuan, accounting for 21.3% of revenue, and it has applied for more than 89,500 global patents.

Huawei and vivo announced today that they have signed a global patent cross-licensing agreement. This news has attracted much attention. The agreement covers basic patents on cellular communication standards, including 5G standards, which will bring more cooperation opportunities to both parties. For the specific content and details of the agreement, please check previous relevant reports on this site.

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