Long time ago Huawei, to Xiaomi filed a lawsuit alleging infringement of four patents related to wireless communications technology, smartphone photography and screen lock technology. The two companies have been in a patent dispute for several years, and now, the case has finally been resolved in 2022. As part of the agreement Huawei And Xiaomihas agreed to a global patent cross-licensing agreement.
Huawei and Xiaomi announced on Wednesday that they have reached a global patent cross-licensing agreement. The agreement covers many communications technologies, including 5G. The agreement is an important development for both companies. Huawei is the world’s leading telecom equipment manufacturer and a major player in the smartphone market. And as you know, Xiaomi is the third largest smartphone manufacturer in the world.
Terms of the deal were not disclosed, but both companies are likely to benefit from the deal. Huawei will provide access to Xiaomi’s patents that will help it develop new products and services. Xiaomi will also benefit from the agreement as it will no longer have to pay patent licensing fees to Huawei.
The agreement will also help both companies develop 5G products and services. The agreement is expected to enter into force in early 2024. This means that the deal will not be finalized until then. However, it is likely that the deal will close as planned, as both companies have expressed their commitment to the deal. The agreement will be valid for 10 years. After that, the two companies can choose to renew the agreement or enter into a new agreement.