January 14, 2025, SHENZHEN-Leading smart device company OPPO today announced a global patent cross- license agreement with Panasonic covering cellular standard essential patents. The agreement, achieved through amicable discussions, also includes other intellectual property collaborations and resolves all pending patent disputes in all jurisdictions.

Vincent Lin, Head of Patent Licensing at OPPO, stated, "We are delighted to have reached this global patent cross-license agreement with Panasonic. It reflects the mutual recognition and respect for each other's intellectual property and sets the stage for further IP collaboration. OPPO always respects intellectual property rights and advocates resolutions on mutually beneficial terms. OPPO will continue to advocate for reasonable patent royalties that support a long-term healthy IP ecosystem."

Andrew Y. Yen, Chief IP Counsel of Panasonic, stated, "We welcome the conclusion of this agreement, one of a pair that Panasonic simultaneously achieved with leading Chinese smartphone manufacturers. Panasonic cannot do this alone and appreciates the hard work and dedication by OPPO’s IP team. The agreement reaffirms the contributions by Panasonic engineers to standardized technologies. This achievement will continue to fuel Panasonic’s corporate commitment to develop products, services and the underlying technologies that enhance the lives of consumers and advance global society. Going forward, Panasonic and OPPO plan to work together on IP collaboration projects and to be more vocal about addressing IP issues with Asian sensitivities."

OPPO is committed to advancing innovation and intellectual property. OPPO consistently invests in research and development across key fields such as 5G/6G、AI、imaging and fast-charging. These innovations enhance user experiences and lead to high-value intellectual property assets. By December 31, 2024, OPPO has filed over 110,000 patent applications globally, with more than 61,000 patents granted, and 91% of all patent applications are utility patents. According to the World Intellectual Property Organization (WIPO), OPPO ranked ninth globally in patent applications filed under the Patent Cooperation Treaty (PCT) in 2023, making its fifth consecutive year in the global top ten.

Panasonic has been a long-term contributor and user of standardized technologies, including key wireless, video and audio standards. Panasonic will continue to contribute to standardized technologies and advocate for a balanced ecosystem that allows voluntary participation and enables the development and deployment of standardized technologies.