Sharp Signs A Patent Cross License Agreement On Wireless Communication Technologies With Smartphone Brand Xiaomi
The Japanese electronics company Sharp filed a litigation case against Xiaomi in the year 2022 for its wireless communication technologies and now after 2 years both the companies have finally come to a mutual agreement.
As officially announced by Sharp, “Based on good faith negotiations Sharp Corporation and Beijing Xiaomi Software Co.Ltd. have reached on cross patent licenses relating to Wireless Communication Technologies of parties.” This cross-license agreement will now end the litigation case that was going on between the two.
Till now Sharp has licensed standard essential patents for wireless communication technologies to many leading companies in the telecommunications equipment and automotive industries in Japan, the USA, Europe, China, and South Korea. The company promises that it will continue to grant its standard essential patent licenses to any other parties by expanding the number of licenses under fair, reasonable, and non-discriminatory conditions.
At the beginning of this year, Sharp also signed a patent cross-license agreement with Motorola relating to the wireless communication technologies of both parties. The company has signed similar deals with Oppo, Vivo, and Huawei. Sharp’s 3G/4G/5G SEP portfolio now includes more than 6,000 patents which is said to provide value to 3G/4G/5G products.
