Huawei and Qualcomm have signed a multi-year patent licensing deal covering 5G, computing, AI and networking, with Qualcomm buying some Huawei US patents. The agreement reframes a quarter-century relationship that began with Huawei paying royalties.
China's three state telecom carriers have reportedly stopped accepting new applications for installment phone plans, freezing the '0-yuan phone' model. The pullback raises questions about how much of China's handset market has been propped up by consumer credit.
China's three state telecom carriers suspended all new phone-installment financing on September 24, ending the popular 'zero-yuan phone' offers sold in their retail stores. The move reshapes how hundreds of millions of Chinese consumers buy smartphones.
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