Nokia has announced that it has signed a new licensing patent with Oppo, this new agreement related to Nokia’s patents for smartphone technology.
The agreement between the two companies is a multi-year agreement, how much Oppo will be paying Nokia has not been revealed.
Under the agreement, OPPO will make payments to Nokia for a multi-year license period.
“OPPO is one of the leaders in the smartphone industry and we are pleased to welcome them as a Nokia licensee,” said Maria Varsellona, Nokia Chief Legal Officer and President of Nokia Technologies. “This agreement further validates our global licensing program.”
The terms of the agreement remain confidential between the parties.
You can find out more information about the new deal between Nokia and Oppo over at Nokia at the link below.