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Amazon and Huawei have signed a multi-year patent cross-license agreement, resolving pending litigation between the two companies.
Alan Fan, Head of Huawei’s Intellectual Property Rights Department said that the company is ‘pleased to exchange patent rights with Amazon’.
Patent licensing expands the number of companies using proprietary technologies, which could be used to provide consumers with innovative products.
Meanwhile, Scott Hayden, VP of IP for Amazon mentioned that the company respects Huawei’s worldwide patent portfolio, innovations, and contributions to standardization.
Huawei shows great effort in licensing its patents to companies like Amazon, which frequently use industry technical standards, Scott added.
