Chinese smartphone vendor Oppo and Japanese company Sharp have reached a global cross-patent license agreement, including patents for communication technologies and covering sales of terminal products of both parties.

The cross-licensing agreement also ends all ongoing litigation between the companies worldwide on issues like patent infringement.

The global patent dispute began in 2020. Both companies agreed to dismiss the case following the signing of the agreement, which demonstrates the value of both companies' patent portfolios.

The move is expected to pave the road for Oppo to further expand its overseas business.

Adler Feng, senior director of intellectual property at Oppo, said: "Oppo believes deeply in the value of innovation and highly respects intellectual property. We are pleased with the outcome where both companies resolved the global patent disputes in an amicable way. The cross-licensing agreement again recognizes Oppo's IP strength."