Huawei inks largest 4G automative deal with Volkswagen supplier
Shenzhen
08-July-2021

Photo: IANS
Chinese conglomerate Huawei has reached a patent license agreement with a supplier of Volkswagen Group. According to reports, it was Luxembourg-based Rolling Wireless.
Huawei expects more than 30 million vehicles to be licensed under its patents based on existing license agreements.
The deal covers 4G connectivity in the vehicles.
The agreement includes a license under Huawei's 4G standard essential patents (SEPs), which covers Volkswagen vehicles equipped with wireless connectivity.
This agreement marks Huawei's largest licensing deal in the automotive industry, the company said on a statement late on Wednesday.
"As an innovative company, we own a leading patent portfolio for wireless technologies, which creates great value for the automotive industry. We believe this license will benefit worldwide consumers with our advanced technology," said Song Liuping, Chief Legal Officer of Huawei.
Over the past 20 years, Huawei has entered into more than 100 patent license agreements with major global companies across Europe, the US, Japan, and South Korea.
Watch This TWL Video
After facing US sanctions, the company has said it needs to diversify in order to reverse a revenue decline.
In April, the company reported first quarter sales were down 16.5 per cent, largely because Huawei sold off its Honor smartphone brand.-IANS
More Headlines
32 Airports Shut Across North and West India Till May 15 Amid Security Alert
Sirens Echo Across Jammu As 'Blasts' Trigger Blackout
IPL 2025 Suspended for One Week Amid India-Pakistan Border Tensions
Amid Indo-Pak Tensions, Defence Startup Zebu Secures $1M to Unleash Battlefield-Ready Drones
Seven Terrorists Killed as BSF Foils Infiltration Bid Along International Border in J&K
32 Airports Shut Across North and West India Till May 15 Amid Security Alert
Sirens Echo Across Jammu As 'Blasts' Trigger Blackout
IPL 2025 Suspended for One Week Amid India-Pakistan Border Tensions
Amid Indo-Pak Tensions, Defence Startup Zebu Secures $1M to Unleash Battlefield-Ready Drones
Seven Terrorists Killed as BSF Foils Infiltration Bid Along International Border in J&K