OPPO welcomes the recent judgment by the Chongqing First Intermediate People's Court in the dispute over FRAND royalties for Nokia's standard essential patents (Case No.: (2021) Yu Min Chu 1232). OPPO is willing to comply with and execute the court's decision regarding the global FRAND licensing fees for Nokia's patents, hoping to actively resolve the patent licensing fee dispute with Nokia.

This is the first-ever ruling that confirmed the range of the aggregated royalty burden of 5G standard essential patents for the mobile phone industry. It provides clear guidelines for 5G standard essential patent royalty rates for participants in the global communications industry. It also has significant implications for 5G standard essential patent royalty in the ICT (Information and Communication Technology) industry and other related industries (such as IoT or smart cars). The ruling also holds significant implications for similar cases.

OPPO is hoping Nokia can also comply with and execute the Chongqing court's decision, so that both parties can promptly return to constructive negotiations. By resolving this dispute, we hope to pave the way for the industry to establish a consensus on aggregated licensing fees for 5G standard essential patents.

As a key holder of 5G standard essential patents and a global leader in smart device innovation, OPPO continuously drives the application of technical standards in the industry. As of September 30, 2023, OPPO has a presence in over 40 countries and regions with 5G communication standard patents, completing a total of 5700+ global patent applications. It holds 2900+ 5G standard essential patent families declared to ETSI and has submitted over 9000 standard contributions to 3GPP. According to the China Academy of Information and Communications Technology's April 2023 report and IPlytics' October 2023 report on global 5G standard essential patent strength, OPPO ranks among the top globally in 5G standard essential patent strength.

OPPO has been committed to continuous innovation, protecting innovation, respecting intellectual property rights, advocating for reasonable charges, and promoting the establishment of a long-term and healthy intellectual property ecosystem. The company encourages the resolution of intellectual property disputes between licensors and licensees through friendly negotiations on the basis of mutual respect for the value of patents.