In the past three years, Huawei has significantly improved its smart car business unit, and it’s now revealed that the company has licensed its car technologies with top car makers including Mercedes Benz, Audi, BMW, and Porsche.
A report from NikkeiAsia shows that the patent licensing agreements were reached during the second half of 2022. This will result that the licensed Huawei smart car technologies in 15 million out of 70 million cars produced globally each year.
Aside from the German carmakers, Huawei has also signed deals with Japan’s Subaru, France’s Renault, Lamborghini, and Bentley.
The latest revelation comes after Huawei signed multi-year cross-licensing agreement with leading industry players and rivals in the tech industry including Samsung, Oppo, Nokia, and more.
In the face of the U.S. sanctions, Huawei is using its patent and R&D capabilities to earn profit and invest them back for more research. The patent licensing agreements, allow Huawei to not only deal with home grounds but also with foreign players for a better revenue option.
Alan Fan, Huawei’s global head of the Intellectual property Department told: “Patents are public and are not [subject] to export controls. … We also have dealings with American companies on cross-licensing deals, and [export controls] are not a factor at all,”
Alan further commented that’s that his company has signed over 20 new or extended patent license agreements in 2022. These covers technologies for smartphones, smart vehicles, networks, and the internet of things.
Talking specifically about the auto industry, Huawei made deal with over 15 leading carmakers for advanced wireless technologies.
Amid these developments, Huawei is also participating with local car makers by providing them with solutions for a better smart cars. CEO of Huawei Smart Car Business Unit, Yu Chengdong said, the company’s auto business unit will be profitable by 2025, along with the exploration of new growth opportunities.