ZTE Corporation announced the signing of a Global Patent Cross-License Agreement with vivo, marking the initiation of a strategic cooperation between the two parties in the realm of patents.

Mi Yao, Head of the Intellectual Property Department at ZTE, said: "The strategic cooperation between ZTE and vivo underscores a shared commitment to respecting intellectual property rights. The cross-licensing agreement between the two parties not only signifies the mutual recognition of the standard contributions in ICT industry, but also exemplifies the determination and capability of Chinese domestic innovative companies to pursue win-win solutions."

ZTE has consistently prioritized technological innovation as the primary driving force for enterprise development, steadfastly adhering to the principle of "taking root down." In the first three quarters of 2023, the company dedicated a substantial RMB 19.06 billion to research and development, constituting 21.3% of its operating revenue, and has currently filed over 89,500 global patent applications. ZTE remains committed to leveraging its robust research and development framework and innovative prowess. The company is dedicated to constructing a sustainable intellectual property strategy, capitalizing on a formidable foundation of high-value patent.

From ZTE

March 5th, 2024