U.S.sanctioned Chinese Company Huawei Licenses 5G Tech To Oppo - Techno Pedia

© Wu Hong / EPA-EFE Chinese technology giant Huawei announced on Friday that it has reached a 5G technology licensing agreement with smartphone maker Oppo. Huawei's sales have suffered due to the US ban, and the US considers Huawei a national security threat. File photo credit: Wu Hong/EPA-EFE

Dec. 9 (UPI) -- Chinese technology company Huawei and smartphone rival Oppo announced Friday a cross-patent licensing agreement covering patents for mobile devices including 5G.

"After more than 20 years of continuous innovation, Huawei has built up a number of high-quality patent portfolios in the global market in areas such as 5G, Wi-Fi and audio/video codecs," said Alan Fung, Director of Huawei's Intellectual Property Division. . , in the statement. "Mutual recognition of the value of intellectual property within companies is an important step in creating a virtuous cycle of innovation and research towards high quality; invest, profit and reinvest."

Huawei, which has faced US government sanctions over national security concerns, holds more than 100,000 global patents and is one of the largest patent holders for fifth-generation networks, high-speed mobile internet and the latest generation of telephony.

According to industry analysts, the company's sales have suffered due to the US sanctions. The US has expressed concern that Huawei poses a threat to national security.

In June 2020, the US Federal Communications Commission identified Huawei as a national security risk. Huawei has denied that it posed a threat.

In May, Canada banned the use of Huawei products on its national 5G mobile network, citing security concerns by the Chinese company.

In 2019, the US Department of Justice issued a 13-count indictment against Huawei, alleging that the company's subsidiaries and its chief financial officer violated US sanctions against Iran.

Adler Feng, head of Oppo's intellectual property division, said that both Huawei and Oppo will benefit from the new patent cross-licensing agreement.

This clearly shows that both companies understand and respect the value of each other's intellectual property. "This is a win-win deal," Feng said in a statement. "As always, we will strive for a stable and healthy IP ecosystem where IP licenses can be mutually agreed upon and each company's license price can be determined."

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