Neutral
Qualcomm agrees to pay Huawei for patents in historic licensing deal
In a significant shift, Qualcomm has agreed to pay Huawei for the first time under a multi-year cross-licensing agreement covering 5G, AI, compute, and networking technologies. This marks a reversal from their previous arrangement, where Huawei paid Qualcomm for patent use. The deal also includes Qualcomm purchasing some of Huawei's U.S. patents, pending regulatory approval.
Key points
- Qualcomm and Huawei announce a multi-year cross-licensing agreement covering 5G, AI, compute, and networking technologies.
- Qualcomm to purchase some of Huawei's U.S. patents, pending regulatory approval.
- The agreement reflects a significant shift in Qualcomm and Huawei's 25-year relationship.
Sources
AI-generated from public news sources. Not financial advice.
