Huawei Claims International Patent Licensing Agreement with Xiaomi

Huawei Technologies, a top Chinese technologies corporation, has entered into a worldwide patent cross-licensing deal with Xiaomi Inc. The agreement, which was announced on Wednesday, covers different communication technologies, like 5G. This deal marks the resolution of a patent licensing dispute that had previously arisen in between the two corporations.

Reports from nearby Chinese media back in March had indicated that Huawei had filed a lawsuit against Xiaomi, alleging infringement of 4 registered patents. These patents have been mainly connected to wireless communication technologies, smartphone photography, and screen lock technologies. Even so, with the new patent cross-licensing agreement in spot, the dispute has been resolved.

This is not the 1st time Huawei has entered into such agreements with other tech players. The corporation currently has patent license agreements with Oppo and South Korea’s Samsung. Furthermore, just final month, Huawei renewed a equivalent agreement with Ericsson. These agreements let for the use of every other’s patented technologies, advertising collaboration and innovation inside the market.

In July, Huawei reported that it received $560 million in royalty revenues in 2022. Interestingly, the corporation stated that it had earned a lot more in royalties more than the previous two years than it had paid out. This can be attributed to a decline in handset sales, resulting in reduce payments to other intellectual house holders.

All round, the current patent cross-licensing deal in between Huawei and Xiaomi highlights the value of resolving patent disputes via mutually useful agreements. Such agreements can foster cooperation and advancement in technologies, benefiting each corporations involved and the market as a complete.

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