“This agreement not only demonstrates the value of Huawei’s innovations, but also recognizes Qualcomm’s foundational contributions.”

Qualcomm lost Huawei as a chip customer after the US revoked its export license in 2024. Now Qualcomm is cross-licensing 5G and AI technology with Huawei and buying some of Huawei’s US patents. No financial terms are disclosed. An American chip company is paying Huawei for American patents.