Huawei agrees to a multi-year patent licensing deal with Qualcomm
QCOM•Huawei said it agreed to a broad, multi-year patent licensing deal with Qualcomm covering AI, 5G, computing and networking. Huawei expects the agreement to push the total value of its patent licensing agreements above $6.9 billion once completed.
1. Deal covers 5G patents
Huawei said the agreement is its first patent licensing deal with Qualcomm to cover 5G technologies. It also includes Qualcomm’s purchase of certain Huawei U.S. patents related to computing, AI and networking.
2. Licensing business
Huawei expects the deal to push the total value of its patent licensing agreements above $6.9 billion once completed. The company said its intellectual property licensing business has generated positive revenue since 2021, following years of investment in research and development.
