Huawei first paid to license Qualcomm patents in 2001. A new cross-licensing deal, if approved, will make Qualcomm the net payer for the first time. (Source photos by Reuters)
TAIPEI — Huawei announced on Monday that it has entered into a cross-licensing agreement with Qualcomm, marking the first time the U.S.-based chipmaker will pay Huawei for the use of its intellectual property. The deal focuses on critical advancements in 5G and artificial intelligence technologies.
While the agreement represents a significant victory for Huawei’s IP portfolio, the arrangement will be subject to regulatory scrutiny and approval from U.S. authorities before it can be fully implemented.
