Sharp and motorola sign cross-license patent deal

Sharp and Motorola have announced a cross-license patent deal relating to wireless communication technologies of both parties.

Lenovo said that it is pleased to enter into an agreement where both parties came to agree on the fair value of each other’s portfolio, with both parties demonstrating their willingness to license on a fair, reasonable, and non-discriminatory (FRAND) basis.

Sharp said that it 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.

The company added that it will continue to expand the number of licensees and grant its standard essential patents licenses to other parties under fair, reasonable and non-discriminatory conditions.

Commenting on the agreement with Sharp, John Mulgrew, Vice President and global head of Intellectual Property, Lenovo, said:

Our cross-licensing agreement with Sharp is a textbook example of two companies coming together with mutual respect for each other’s investment and innovation, and who are prepared to negotiate on a FRAND basis. FRAND is something that Lenovo is committed to through all licensing negotiations and agreements – whether we are the licensee or licensor. As a global technology leader and patent owner, we are committed to ensuring that customers continue to have access to affordable innovation through both our own innovation and that resulting from industry cross-licensing agreements.