Huawei Qualcomm Patent Deal: Multi-Year 5G and AI License Pact Signed
Huawei and Qualcomm, two companies that have spent two decades alternating between rivals and business partners, just signed their biggest patent truce yet. On Monday, Oct. 5, the pair announced a broad multi-year Huawei Qualcomm patent deal covering 5G, compute, artificial intelligence and networking — a cross-license agreement that also has Qualcomm buying some of Huawei’s U.S. patents outright. The companies did not disclose financial terms. But Huawei said the deal pushes the expected total value of its patent licensing agreements past $6.9 billion, a number that quietly makes the sanctioned Chinese giant one of the world’s most valuable IP businesses. ...