Through Avanci Marketplace Cellular Patents Are Licensed To The Iot Industry By OPPO
Leading global technology brand OPPO revealed that it would license its global 3G and 4G standard-essential patents to the IoT and automotive markets by leading patent licensing platform Avanci. The company that has been at the forefront of innovation in the smartphone market is diversifying its portfolio to include frontier technologies such as IoT, 5G and Augmented reality (AR), to offer more immersive and personalized technological experiences to users globally.
OPPO has been boosting up its R&D capabilities and innovations to support the company’s goal of offering modern smart devices and services for the era of intelligent connectivity. In line with this endeavour, as of February 29, 2019, OPPO has acquired more than 43,000 global patents with over 16,000 patents granted worldwide.
Adler Feng, Senior Director of Intellectual Property at OPPO stated that, “OPPO is committed to the development of industry-leading technology innovations. We are licensing OPPO’s essential patent portfolio to the industry based on fair, reasonable and non-discriminatory (FRAND) terms. We are delighted to provide our 3G and 4G communications standard-essential patents for licensing through Avanci to IoT and automotive manufacturers.”
Avanci is a patent licensing platform that offers a license to the wide majority of 3G and 4G cellular standard-essential patents for the Internet of Things products and connected vehicles.
Kasim Alfalahi, Founder and Chief Executive Officer of Avanci stated, “We are glad to welcome OPPO, a smartphone industry leader to the Avanci platform. Avanci enables companies such as OPPO to earn a reasonable return on their R&D investments, by an efficient marketplace that stabilizes the interests of patent owners and licensees across the globe, and allows constant innovation.”
OPPO will soon be releasing a range of new and distinctive IoT products, which includes wireless headphones that create a personalized audio experience and function as a necessary entrance to the world of smart voice services.
“We understand the demands of tech-savvy consumers in the Middle East and are looking ahead to bringing world-class IoT devices and exquisite audio products to the region,” stated Ethan Xue, President of OPPO Middle East and Africa.