Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Huawei and Qualcomm reach multi-year cross-licensing patent agreement; Qualcomm denies rumors of being the net payer

Huawei and Qualcomm reach multi-year cross-licensing patent agreement; Qualcomm denies rumors of being the net payer

智通财经智通财经2026/10/06 06:31
Show original

On October 5th, Huawei officially announced that it had reached a multi-year, broad patent licensing agreement with Qualcomm. The deal includes cross-licensing of the two parties’ patent portfolios in various areas such as 5G, computing, artificial intelligence, and networking, as well as Qualcomm’s acquisition of several of Huawei’s US patents in computing, AI, and networking technologies. As neither party disclosed the agreement amount, the number of patents, nor the specific business arrangements, the market began to speculate after the news was released. Rumors included claims that “Qualcomm will make unilateral payments to Huawei” and that the transaction involved “logic folding chip technology.” Addressing these rumors, on October 6th, Qualcomm responded that it had reached a multi-year, extensive patent licensing agreement with Huawei covering cross-licensing in several technology areas. Qualcomm stated that the specific terms of the agreement are confidential, but reports labeling Qualcomm as the net payer under the agreement are inaccurate. The company also said that claims linking this deal to logic folding chip technology are untrue. Additionally, Qualcomm confirmed that it had agreed to purchase certain non-cellular communication US patents from Huawei in multiple technical fields. (Every Market Web)

October 5, Huawei officially announced that it has reached a multi-year, comprehensive patent licensing agreement with Qualcomm. The agreement includes cross-licensing of patent portfolios in multiple areas such as 5G, computing, artificial intelligence, and networking, as well as Qualcomm's acquisition of certain U.S. patents from Huawei related to computing, AI, and networking technologies. Since neither party disclosed the agreement amount, number of patents, or specific commercial arrangements, the announcement immediately led to market speculations, including claims that "Qualcomm will make unilateral payments to Huawei" and that this transaction involves "logic folding chip technology." In response to these rumors, Qualcomm stated on October 6 that it has indeed entered into a multi-year, broad patent licensing agreement with Huawei covering cross-licensing in various technical fields. The specific terms are confidential, but the reports describing Qualcomm as the net payer under this agreement are inaccurate; furthermore, suggestions that the agreement is related to logic folding chip technology are also untrue. Additionally, Qualcomm confirmed that the company has agreed to acquire some of Huawei's non-cellular communication U.S. patents in several technical fields. (National Business Daily).
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

British banking sector meets with Chancellor to oppose further tax increases

UK Chancellor of the Exchequer John Healey has informed the country’s largest banks that the government is facing a “difficult fiscal situation”, but did not provide clear guidance on whether the upcoming budget, set to be released later this month, will increase the tax burden on banks. According to informed sources, executives from several major UK banks used a meeting with Healey on Tuesday morning to once again present their arguments against further tax increases on the banking industry. This is likely to be their final meeting with Healey before the budget announcement. Senior executives from Barclays, HSBC, Lloyds Banking Group, NatWest Group, Nationwide, and Santander were among those in attendance. Sources indicated that these bank executives believe increasing the tax burden on the sector would damage the government’s policy goal of boosting economic growth, while further widening the gap between London and competing financial centers such as New York.

智通财经•2026/10/06 11:18

Japan plans follow-up measures to reduce dependence on Middle Eastern energy

The CEO of Japan Oil, Gas and Metals National Corporation (JOGMEC) stated that Japan is planning to take follow-up measures to reduce its dependence on energy from the Middle East. Currently, over 90% of Japan's crude oil imports come from the Middle East, making the country's energy supply stability highly susceptible to geopolitical fluctuations. This move is considered in response to the practical need to ensure Japan's energy security.

智通财经•2026/10/06 11:18

Wells Fargo raises Meta Platforms target price to $1,000

Wells Fargo raised the target price for Meta Platforms (META.US) from $796 to $1,000.

智通财经•2026/10/06 11:11

Wells Fargo lowers Delta Air Lines target price to $100

Wells Fargo has lowered the target price for Delta Air Lines (DAL.US) from $105 to $100.

智通财经•2026/10/06 11:11