Huawei agrees to a multi-year patent licensing deal with Qualcomm

By Reuters News

Oct 5 (Reuters) - China's Huawei Technologies HWT.UL said on Monday it had agreed a broad multi-year patent licence deal with Qualcomm QCOM.O covering artificial intelligence, 5G, computing and networking technologies.

Here are some details:

  • The agreement includes Qualcomm's purchase of certain Huawei US patents related to computing, AI and networking, Huawei said in a statement.

  • It is Huawei's first patent licensing deal with Qualcomm that covers 5G technologies.

  • Huawei said the deal is expected to push the total value of its patent licensing agreements to more than $6.9 billion once completed.

  • The company said its intellectual property licensing business has generated positive revenue since 2021, reflecting years of heavy investment in research and development.

  • Huawei ramped up R&D spending in recent years, as US trade restrictions since 2019 have limited its ability to buy advanced chips and crucial software.

  • Huawei made its first licensing payment to Qualcomm in 2001, while it received its first licensing income in 2011 from Motorola.

  • The Qualcomm agreement follows a licensing deal with HP Inc HPQ.N announced by Huawei in August.

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