News Summary

• The agreement includes cross licenses to the companies' patent portfolios across a range of technology fields, including 5G, compute, AI, and networking.
• Qualcomm's purchase of certain Huawei u.s. patents in the areas of compute,.
• AI, networking, and other technologies.
• This transaction will close following receipt of the necessary regulatory approvals.
• It reflects the companies’ shared commitment to intellectual property rights and to licensing practices consistent with fair, reasonable and non-discriminatory (FRAND) principles.