Huawei Technologies and Xiaomi Inc signed a global patent cross-licensing deal, as per Huawei's statement on Wednesday.
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. Last month it renewed a similar
agreement with Ericsson.
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.
