Huawei and Qualcomm close patent deal involving 5G and AI
Summary
Huawei and Qualcomm announced a multi-year cross-licensing agreement covering AI, computing, networking, and 5G technologies. The deal also includes Qualcomm’s purchase of certain Huawei assets in the United States, subject to regulatory approval. Huawei says the agreement validates its intellectual property and supports its growing licensing revenue stream. The companies frame the arrangement as a FRAND-based deal that recognizes their contributions to wireless communication and 5G development.
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Developer and IT Infrastructure
Development Platforms
Network Management
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Qualcomm
$1B+