Huawei and Qualcomm agree broad patent license; Qualcomm buys Huawei patents

Huawei and Qualcomm agreed a multi-year patent deal that includes cross-licenses across their portfolios in 5G, compute, AI and networking. Qualcomm also agreed to buy certain Huawei U.S. patents in compute, AI and networking. The deal closes only after regulatory approvals, and financial terms were not disclosed.

• Multi-year cross-license covering 5G, compute, AI and networking
• Qualcomm to buy certain Huawei U.S. patents
• Closing requires regulatory approvals
• Financial terms not disclosed