A press release on May 24 issued by Sharp Official website, announcing that Sharp and Xiaomi have signed an agreement on cross patent licenses relating to wireless communication technologies.

According to the Announcement, based on good faith negotiations, Sharp Corporation (“Sharp”) and Beijing Xiaomi Mobile Software Co., Ltd. ("Xiaomi") have reached an agreement on cross patent licenses relating to wireless communication technologies of both parties. The patent cross license agreement also ends the litigation in China that Sharp filed in September 2022.

Sharp has licensed standard essential patents for wireless communication technologies to many leading companies in the telecommunications equipment and automotive industries in Japan, the U.S.A., Europe, China, and South Korea. Sharp keeps expanding the number of licensees and continues to grant its standard essential patents licenses to any other parties under fair, reasonable and non-discriminatory conditions.

Sharp’s 3G/4G/5G SEP portfolios now include more than 6,000 patents which provide value to 3G/4G/5G products. In addition, Sharp had respectively signed an agreement on cross patent licenses with OPPO, vivo, and Huawei before this agreement.

From IP ForeFront

May 28th, 2024