Today, an unexpected development has emerged between tech giants Xiaomi and Huawei. With no prior leaks hinting at this agreement, it has now been officially confirmed. The two companies have successfully reached a global patent cross-licensing agreement. This significant deal marks a noteworthy collaboration in the competitive tech industry, where intellectual property plays a crucial role. The specifics of the agreement remain undisclosed, leaving industry experts and enthusiasts eager to learn more about the potential innovations and advancements that may arise from this unexpected partnership between Xiaomi and Huawei.
Official Agreement – Xiaomi and Huawei
Huawei has issued a related agreement, and a screenshot of it has been posted below for your reference. Feel free to take a look.
Huawei and Xiaomi unveiled a groundbreaking global patent cross-licensing agreement. It is encompassing critical communication technologies, notably 5G. Fan Zhiyong, Director of Huawei’s Intellectual Property Department, expressed Huawei’s satisfaction with this milestone. Even it is emphasizing the industry’s acknowledgment of Huawei’s contributions to communication standards. This agreement not only strengthens their partnership but also bolsters research investments in future mobile communication technologies.
Xiaomi Group’s General Manager of the Strategic Cooperation Department, Xu Ran, also shared their enthusiasm for the patent cross-licensing agreement with Huawei. Xu Ran highlighted the mutual recognition and respect for each other’s intellectual property rights. It is signaling their commitment to uphold these values. Xiaomi’s goal is to foster win-win. Its enduring intellectual property partnerships that harness technology for the greater good. Its promoting inclusivity and benefiting a broader audience with their technological innovations.
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