InterDigital signs license agreement with OPPO Group
InterDigital (IDCC) has signed a new license agreement with OPPO Group, covering OPPO, realme and OnePlus branded mobile devices worldwide. The agreement resolves all pending litigations between the parties. With this addition to existing agreements with Apple, Samsung, and Xiaomi, InterDigital now has the four largest smartphone vendors under license, representing approximately 70% of the global market. The company views this as validation of their innovation in wireless, video, and AI technologies, strengthening their ability to reinvest in R&D for next-generation technology.
InterDigital (IDCC) ha firmato un nuovo accordo di licenza con OPPO Group, che riguarda i dispositivi mobili a marchio OPPO, realme e OnePlus in tutto il mondo. L'accordo risolve tutte le controversie pendenti tra le parti. Con questa aggiunta agli accordi esistenti con Apple, Samsung e Xiaomi, InterDigital ora ha i quattro maggiori produttori di smartphone sotto licenza, che rappresentano circa il 70% del mercato globale. L'azienda considera questo come una convalida della propria innovazione nelle tecnologie wireless, video e AI, rafforzando la sua capacità di reinvestire nella ricerca e sviluppo per la tecnologia di prossima generazione.
InterDigital (IDCC) ha firmado un nuevo acuerdo de licencia con OPPO Group, que abarca los dispositivos móviles de las marcas OPPO, realme y OnePlus en todo el mundo. El acuerdo resuelve todas las litigaciones pendientes entre las partes. Con esta adición a los acuerdos existentes con Apple, Samsung y Xiaomi, InterDigital ahora tiene bajo licencia a los cuatro mayores vendedores de smartphones, que representan aproximadamente el 70% del mercado global. La empresa considera esto como una validación de su innovación en tecnologías inalámbricas, de video y de IA, reforzando su capacidad para reinvertir en I+D para la tecnología de próxima generación.
인터디지털 (IDCC)은 전 세계 OPPO, realme 및 OnePlus 브랜드 모바일 기기를 포함하는 새로운 라이센스 계약을 OPPO Group과 체결했습니다. 이 계약은 양 당사자 간의 모든 미결 소송을 해결합니다. Apple, Samsung, Xiaomi와의 기존 계약에 이 계약이 추가됨에 따라, 인터디지털은 이제 전 세계 스마트폰 제조업체 4위 안에 드는 업체들을 라이센스하였으며, 이는 약 전 세계 시장의 70%을 차지합니다. 이 회사는 이를 무선, 비디오 및 AI 기술에서의 혁신을 인정받은 것으로 보고, 차세대 기술을 위한 연구 개발에 재투자할 수 있는 능력을 강화하고 있습니다.
InterDigital (IDCC) a signé un nouvel accord de licence avec OPPO Group, couvrant les appareils mobiles de marque OPPO, realme et OnePlus dans le monde entier. Cet accord résout tous les litiges en cours entre les parties. Avec cette addition aux accords existants avec Apple, Samsung et Xiaomi, InterDigital a maintenant les quatre plus grands fabricants de smartphones sous licence, représentant environ 70 % du marché mondial. L'entreprise voit cela comme une validation de son innovation dans les technologies sans fil, vidéo et IA, renforçant sa capacité à réinvestir dans la R&D pour les technologies de prochaine génération.
InterDigital (IDCC) hat einen neuen Lizenzvertrag mit OPPO Group unterzeichnet, der die Mobilgeräte der Marken OPPO, realme und OnePlus weltweit abdeckt. Der Vertrag löst alle ausstehenden Rechtsstreitigkeiten zwischen den Parteien. Mit dieser Ergänzung zu bestehenden Vereinbarungen mit Apple, Samsung und Xiaomi hat InterDigital jetzt die vier größten Smartphone-Hersteller lizenziert, die ungefähr 70 % des globalen Marktes repräsentieren. Das Unternehmen sieht dies als Bestätigung seiner Innovation in den Bereichen drahtlose Technologien, Video und KI und stärkt seine Fähigkeit, in Forschung und Entwicklung für zukünftige Technologien zu reinvestieren.
- Secured licensing agreement with OPPO Group, expanding market coverage
- Resolution of all pending litigation with OPPO Group
- Now has agreements with top 4 smartphone vendors globally
- Controls approximately 70% of global smartphone market through licensing
- None.
Insights
This licensing agreement marks a significant milestone for InterDigital, securing a major revenue stream from OPPO Group's global mobile device portfolio. The deal is particularly impactful as it:
- Resolves pending litigation, reducing legal costs and uncertainty
- Brings InterDigital's coverage to approximately
70% of the global smartphone market - Includes all three major brands under OPPO Group (OPPO, realme and OnePlus)
With the four largest smartphone vendors now licensed (Apple, Samsung, Xiaomi and OPPO), InterDigital has significantly strengthened its market position and recurring revenue base. This comprehensive coverage enhances the company's negotiating leverage with remaining unlicensed manufacturers and validates their IP portfolio's essential nature in wireless, video and AI technologies.
WILMINGTON, Del., Oct. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has signed a new license agreement with OPPO Group. The agreement covers OPPO, realme and OnePlus branded mobile devices worldwide.
As part of the agreement, both parties have agreed to dismiss all pending litigations between them.
“In an increasingly connected world, this agreement serves as another validation of the strength of our foundational innovation in wireless, video, and AI, and of the quality of our patent portfolio,” said Liren Chen, CEO and President, InterDigital. “Our licensing success further strengthens our ability to reinvest in cutting-edge R&D and foster innovation for next generation technology that benefits the whole industry and billions of consumers in the future.”
Along with our agreements with Apple, Samsung and Xiaomi, InterDigital now has the four largest smartphone vendors under license and has licensed approximately
“OPPO Group adds a significant customer to our smartphone program, and I am pleased with our progress and execution against our goals,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “This agreement reflects our increasing momentum across the business and, along with other licenses that we have signed recently, puts us in an excellent position to license the rest of the smartphone market.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716
FAQ
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