Header Ads

HUAWEI announced they have reached global patent license agreement with Xiaomi

Based on HUAWEI's statement, HUAWEI Technologies signed a global patent cross-licensing agreement with Xiaomi Inc last Wednesday.
HUAWEI announced they have reached global patent license agreement with Xiaomi
File photo of HUAWEI P60 Pro and Xiaomi 13 Pro

HUAWEI and Xiaomi reach global patent license deal!

This agreement involves communication technologies such as 5G and is supposed to resolve a patent licensing dispute between the two tech brands.

A local media outlet in China also reported last March that HUAWEI sued Xiaomi for alleged infringement of four registered patents particularly related to wireless communication technology, smartphone photography, and even screen lock tech.

We are delighted to reach this licensing deal with Xiaomi, said Alan Fan, Head of Huawei's Intellectual Property Department. This licensing agreement once again reflects the industry's recognition of Huawei's contributions to communications standards and will help us enhance our investment in researching future mobile communications technologies.

Ran Xu, Xiaomi's General Manager of Corporate Business Development and IP Strategy, said, We are glad to reach a patent cross-licensing agreement with Huawei. This shows that both parties recognize and respect each other's intellectual property. As part of our commitment to our values around IP, Xiaomi will, as always, respect IP, seek long-term and sustainable IP partnerships for shared success, drive technology inclusion with IP, and allow more people to benefit from technology.

In a related story, HUAWEI also has patent license partnerships with other phone makers like Samsung or OPPO. Meanwhile, HUAWEI also renewed the same agreement with Ericsson.

Last July, HUAWEI mentioned USD 560M income just from royalties in 2022, and that I had obtained more than it paid out in royalties during the previous 2 years due to a fall in smartphone sales which required it to pay smaller to other intellectual property holders.

Sources: HUAWEI, via: Reuters

No comments

Powered by Blogger.