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Sharp and Xiaomi sign wireless communication patent cross-licensing agreement: withdraw previous lawsuit

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Release: 2024-06-01 13:04:11
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News on May 27, according to an announcement on Sharp’s official website, Sharp and Xiaomi recently signed a wireless communication technology patent cross-licensing agreement.

It is mentioned that based on good faith negotiations, Sharp Corporation ("Sharp") and Beijing Xiaomi Mobile Software Co., Ltd. ("Xiaomi") have reached an agreement on cross-licensing of patents related to wireless communication technology.

With the agreement reached, Sharp also dropped the lawsuit filed in China in September 2022.

Sharp and Xiaomi sign wireless communication patent cross-licensing agreement: withdraw previous lawsuit

Sharp said it has licensed standard essential patents for wireless communication technology to many leading companies in the telecommunications equipment and automotive industries in Japan, the United States, Europe, China and South Korea.

Sharp continues to expand the number of licensees and continues to license its standard essential patents to any other party on fair, reasonable and non-discriminatory terms.

Sharp and Xiaomi sign wireless communication patent cross-licensing agreement: withdraw previous lawsuit

It is reported that although Sharp has gradually faded out of the mainstream market in the mobile phone industry, it has been committed to developing wireless technologies such as W-CDMA and LTE over the past 20 years.

Through active patent application work, Sharp now owns more than 6,000 essential patents, which have been authorized to many communication equipment manufacturers.

Patent cross-licensing agreements are also used to resolve patent disputes, just like Sharp and Xiaomi.

Sharp and Xiaomi sign wireless communication patent cross-licensing agreement: withdraw previous lawsuit

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