China's Huawei says it has reached global patent licensing deal with Xiaomi - Reuters

erotoko.blogspot.com

BEIJING, Sept 13 (Reuters) - China's Huawei Technologies inked on Wednesday a global patent cross-licensing deal with Xiaomi Inc (1810.HK), according to a statement from Huawei.

The deal covers communication technologies including 5G, it said, and marks the resolution of a patent licensing dispute between the two firms.

Local Chinese media reported in March that Huawei was suing Xiaomi for alleged infringement of four registered patents mainly related to wireless communication technology, smartphone photography and screen lock technology.

Huawei also has patent license agreements with other tech players such as Oppo and South Korea's Samsung (005930.KS). Last month it renewed a similar agreement with Ericsson (ERICb.ST).

In July, Huawei said it received $560 million in royalty revenues in 2022, and that it had earned more than it paid out in royalties over the last two years as the decline in handset sales meant it needed to pay less to other intellectual property holders.

Reporting by Beijing Newsroom; Editing by Clarence Fernandez and Tom Hogue

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab

Adblock test (Why?)

"with" - Google News
September 14, 2023 at 01:09AM
https://ift.tt/atgUb4d

China's Huawei says it has reached global patent licensing deal with Xiaomi - Reuters
"with" - Google News
https://ift.tt/i1X7MGc
https://ift.tt/QVZliHa

Bagikan Berita Ini