Huawei-Qualcomm Patent Deal

Huawei and Qualcomm announced a broad, multi-year patent license agreement on October 5.

The deal includes cross-licensing of patent portfolios in 5G, computing, artificial intelligence, and networking. Additionally, Qualcomm will acquire certain US patents from Huawei in these fields.

Reported by Times Finance citing official website announcements, the specific financial terms and patent counts remain undisclosed.