Leading Chinese innovator expands Avanci marketplace to 38 patent owners

Avanci has announced that OPPO joined its licensing platform, bringing the number of patent owners on the platform to 38, including several Chinese companies, the company said.

Avanci´s one-stop marketplace offers a license to the vast majority of 2G, 3G and 4G cellular standard essential patents for Internet of Things products and connected vehicles, through a single agreement with a transparent, fixed price royalty.

Avanci´s one-stop marketplace has transformed the way companies share technology by licensing intellectual property from many different patent holders in a single transaction. By streamlining the technology sharing process, Avanci is accelerating the growth of the Internet of Things by providing automotive and IoT manufacturers with an efficient and transparent way to access the wireless technology needed to bring their products online.

OPPO is a global smart device brand. Since the launch of its first mobile phone in 2008, OPPO has pursued the synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series.