10:04 AM EDT, 10/29/2024 (MT Newswires) -- InterDigital (IDCC) said Tuesday it has entered into a new licensing agreement with OPPO Group, which covers OPPO, realme, and OnePlus branded mobile devices globally.
As part of the deal, both parties have agreed to drop all ongoing litigation between them.
Financial details weren't disclosed.
With this deal, InterDigital said its licenses now cover the top four smartphone vendors, including Apple ( AAPL ) , Samsung, and Xiaomi, representing 70% of the global market.
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