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Shoppers, several wearing face masks, walk past a large Huawei store with cars on display inside a bright shopping centre with Chinese signage.
Technology

Qualcomm Will Buy Patents From Huawei. Two Years Ago, Washington Stopped It Selling Huawei Chips.

Huawei and Qualcomm announced a multi-year cross-licence on Monday covering 5G, computing, AI and networking, and Qualcomm agreed to buy some of Huawei's American patents. Neither company disclosed the price. Huawei called it its first revenue-positive agreement with Qualcomm, and Nikkei reported that Qualcomm will be the net payer for the first time. The purchase needs regulatory approval.