✉news BusinessLabor first seen 14 h ago, last 13 h ago, peak #6
Qualcomm and Huawei sign multi-year patent agreement
Original: Qualcomm, Huawei strike multi-year patent deal
Qualcomm and Huawei have reached a multi-year agreement covering patent licensing between the two companies. The deal resolves licensing terms for Huawei's use of Qualcomm technologies, giving Qualcomm a recurring revenue stream from one of the world's largest smartphone makers despite ongoing US-China trade tensions and restrictions on Huawei's access to American technology.
Why now: A major cross-border tech licensing deal between a US chipmaker and a Chinese telecom giant is significant amid trade tensions.
Evidence
- Qualcomm, Huawei strike multi-year patent deal · Fierce Network
- Qualcomm, Huawei strike multi-year patent deal · fiercewireless.com
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