China’s Huawei Technologies and Xiaomi Inc have announced a global patent cross-licensing agreement.
The agreement covers multiple communications technologies, including the much-anticipated 5G.
Alan Fan, Head of Huawei’s Intellectual Property Department, stated that the agreement reflects the industry’s recognition of Huawei’s contributions to communications standards.
Ran Xu, Xiaomi’s General Manager of Corporate Business Development and IP Strategy, emphasized that this agreement demonstrates mutual recognition and respect for each other’s intellectual property.
Xu further reiterated Xiaomi’s commitment to respecting IP, seeking long-term and sustainable IP partnerships for shared success, driving technology inclusion with IP, and allowing more people to benefit from technology.
This Huawei and Xiaomi agreement marks a significant milestone in the tech industry, fostering collaboration and mutual growth.