Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

Uncategorized

China’s Huawei says it has reached global patent licensing deal with Xiaomi

A Huawei logo is seen on a cell phone screen in their store at Vina del Mar, Chile July 18, 2019. REUTERS/Rodrigo Garrido/File photo

According to a statement released by Huawei Technologies, a worldwide patent cross-licensing contract was signed between Huawei Technologies of China and Xiaomi Inc (1810. HK) on Wednesday.

According to the statement, the agreement includes many communication technologies, including 5G, and represents the conclusion of a dispute between the two companies about the licensing of patents.

In March, local Chinese media claimed that Huawei had filed a lawsuit against Xiaomi for the alleged violation of four registered patents. These patents were mostly linked to technologies involved in wireless communication, smartphone photography, and screen lock technology.

Additionally, Huawei has patent licensing agreements with other technology companies, including Oppo and Samsung (005930. KS) in South Korea. Only last month, they decided to continue their partnership with Ericsson (ERICb.ST).

In July, Huawei said it had received royalty earnings of $560 million in 2022 and earned more in royalties over the last two years than it had paid. This was because the decrease in sales of handsets meant that Huawei needed to pay less to other intellectual property holders.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like