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Qualcomm and Huawei have entered into a multi-year patent cross-licensing agreement covering 5G and artificial intelligence technologies. Under the historic arrangement, Qualcomm will pay Huawei to license patents for the first time and has also agreed to purchase some of Huawei's United States patents. [1][2]
The transaction marks a major shift from 2001, when Huawei originally made its first licensing payment to Qualcomm. Huawei stated that this new agreement raises the cumulative value of its licensing deals to approximately $7 billion. [2]
Huawei made its first licensing payment to Qualcomm in 2001, back when it was a telecom gear maker building on other people's wireless standards. Twenty-five years later, the Chinese giant is selling patents to Qualcomm, and Huawei says the deal pushes the cumulative value of its licensing agreements to roughly $7 billion.
Excerpt · TechSpot
Huawei and Qualcomm sign a multi-year patent cross-license covering 5G and AI, with Qualcomm buying some Huawei US patents.
Excerpt · Tom’s Hardware