Motorola and Sharp Reach Cross-Licence Patent Agreement amid FRAND Negotiations
Motorola and Sharp have announced a groundbreaking cross-licence patent agreement, marking a significant development in the tech industry. The agreement, driven by negotiations over FRAND (fair, reasonable, and non-discriminatory) terms, showcases a mutual respect for each other’s innovation and investment.
Lenovo, the parent company of Motorola, expressed its satisfaction with the agreement, emphasizing its commitment to FRAND principles in all licensing negotiations. Sharp, on the other hand, highlighted its extensive portfolio of 3G, 4G, and 5G SEPs, which have been licensed to companies in various industries across the globe.
This agreement comes amidst a flurry of settlement activities in the tech world, with major players like Nokia, Oppo, and Apple also recently reaching licensing agreements. The resolution of global litigation between Nokia and Oppo, in particular, signifies a trend towards cooperation and fair licensing practices in the industry.
Additionally, the European Parliament’s recent adoption of measures to regulate SEP holders in Europe has sparked debate within the global patent community. While the proposed regulations aim to reduce litigation and increase transparency in licensing, some industry giants have expressed concerns about potential encroachments on fundamental patent and contract law principles.
As the tech industry continues to navigate the complexities of patent licensing and litigation, agreements like the one between Motorola and Sharp serve as a beacon of collaboration and fair play in a competitive landscape. Stay tuned for more updates on the evolving world of tech patents and licensing agreements.