Huawei and Qualcomm have announced a multi-year, broad patent license agreement that includes cross licenses to the companies' patent portfolios. The agreement covers a range of technology fields, including 5G, compute, artificial intelligence, and networking.
Qualcomm will also purchase certain Huawei US patents in compute, AI, networking, and other technologies. The companies said the transaction will close after receiving the necessary regulatory approvals.
"Huawei's decades of sustained investment in fundamental R&D have driven innovation and progress in mobile communications and other technology fields," Alan Fan, Chief Intellectual Property Officer at Huawei, said in a statement.
Huawei said its contributions to the 4G and 5G standards include signal transmission technology that uses polar codes. The company said the technology operates near the physical limit of signal transmission.
John Han, Executive Vice President and General Manager of Qualcomm Technology Licensing, said Qualcomm has invested in foundational wireless technologies that have enabled successive generations of mobile innovation.
He said the agreement "reaffirms industry recognition of Qualcomm's 5G technology leadership and the success of Qualcomm's 5G SEP (standard essential patent) licensing programme."
Huawei made its first licensing payment to Qualcomm in 2001. The latest deal follows a licensing agreement Huawei announced with HP in August.
According to Reuters, Huawei said the deal is expected to push the total value of its patent licensing agreements to more than $6.9 billion once completed.
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