Dolby Laboratories and OPPO Form Strategic Intellectual Property Partnership
dailytelescope.com
SAN FRANCISCO and SHENZHEN, China, March 19, 2018 — Dolby Laboratories, Inc. (NYSE: DLB) today announced that it has formed a global, strategic intellectual property (IP) partnership with Guangdong OPPO Mobile Telecommunications Corp., Ltd. The new collaborative partnership will encompass Dolby’s High-Efficiency Advanced Audio Coding (HE AAC) and JPEG-HDR technologies.“OPPO, a leader in global consumer electronics, is well-known for its smartphones incorporating innovative technologies, and we are delighted to welcome them to our community of global partners,â€? said Andy Sherman, Executive Vice President, General Counsel & Corporate Secretary, Dolby Laboratories. “By partnering with Dolby, OPPO is fueling a transformational technology ecosystem leveraging Dolby’s innovative research and engineering through IP.
â€?“Dolby is a leader in creating spectacular sight and sound experiences, and we are excited to partner with them to further our innovation and global growth,â€? said Adler Feng, Director of OPPO IP Department. “This partnership will enable us to create more remarkable smartphones with exciting technological innovations and spectacular user experiences.”Dolby’s innovative research and engineering has created audio-visual technologies that span an ecosystem of consumers, artists, and businesses. These technologies are made available through licensing programs promoting a level playing field across industries that creates value for Dolby’s partners and their consumers. |
