Lenovo announces patent cross-licensing agreements with Motorola and Sharp

Lenovo’s official website stated that Motorola Mobility and Sharp have reached a global agreement on cross-patent licensing of each other’s wireless communication technologies. This news comes from an official announcement by a subsidiary of Lenovo.

Lenovo said it is pleased to have reached an agreement in which the two parties have reached an agreement on the fair value of each other's investment portfolios.Both parties expressed their willingness to , Reasonable and Non-Discriminatory (FRAND) basis.

Notes on this site:FRAND is SSOs (anInternational Standards Organization) that is fair in restricting patent rights to standards , reasonable and non-discriminatory terms, usually used in Europe and the United States.

Motorola is a leading global mobile phone vendor with a long history of innovation and iconic flagship devices such as the foldable Razr, first launched in 2004 and relaunched in 2019, Lenovo said. Lenovo continues to innovate and contribute to the advancement of cellular technologies across its portfolio, with companies around the world licensing more than 1,900 patent families classified as key to 3G, 4G and 5G standards.

When talking about the agreement with Sharp, John Mulgrow, Lenovo Vice President and Global Head of Intellectual Property, said that this cross-licensing agreement was reached by the two companies on the basis of mutual respect for each other's investment and innovation. . This is also a typical example of our willingness to negotiate on the basis of FRAND principles. Whether we are a licensee or a licensor, Lenovo is committed to FRAND through all licensing negotiations and agreements. As a global technology leader and patent owner, our goal is to ensure customers have affordable access to innovative technologies through our own innovations and cross-licensing agreements across industries.

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