The patent cross license agreement also ends the litigation in China that Sharp filed in September 2022.
Based on good faith negotiations, Sharp and Vivo Mobile Communication Co., Ltd. (Vivo) have reached an agreement on cross patent licenses relating to wireless communication technologies of both parties.
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 Korea.
Sharp added that it 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.
