On Wednesday, Huawei and Xiaomi announced a global patent cross-licensing agreement encompassing multiple communications technologies, including 5G. Representatives from both companies expressed optimism about their collaboration in intellectual property, marking the resolution of a patent licensing dispute between these two Chinese tech giants. Earlier in March, Huawei filed a lawsuit against Xiaomi, alleging the infringement of four registered patents related to wireless communication, smartphone photography, and screen lock technology. Furthermore, in December of the previous year, Huawei entered into a similar patent cross-licensing agreement with Oppo and Samsung. Additionally, Huawei reported $560 million in royalty revenues in 2022 and stated in July that it had earned more in royalties than it had paid out over the past two years. [Huawei, in Chinese]