Key facts
- Huawei and Qualcomm agreed to a multi-year patent licensing deal.
- The deal covers artificial intelligence, 5G, computing, and networking technologies.
- Qualcomm will purchase certain Huawei U.S. patents related to computing, AI, and networking.
- This is Huawei's first 5G patent licensing deal with Qualcomm.
- The agreement is expected to push Huawei's total patent licensing revenue to over $6.9 billion.
Huawei Technologies announced Monday that it has entered into a broad, multi-year patent licensing agreement with rival mobile chipmaker Qualcomm. The deal covers key technologies including artificial intelligence, 5G, computing, and networking. As part of the agreement, Qualcomm will also purchase specific Huawei U.S. patents related to computing, AI, and networking.