PR Archives:  LatestBy Company By Date

Press Release -- June 28th, 2023
Source: Huawei

Huawei and Quality Tech S.R.L enter into Licensing Deal

[Buenos Aires, Argentina, June 28, 2023] Huawei Technologies has entered into a patent license agreement with Quality Tech S.R.L. The agreement grants a license on Huawei’s patents relating to Optical Distribution Network (ODN) products to Quality Tech and its customers with reasonable royalties. It is Huawei’s first patent license agreement with a Latin American company.

With this agreement, Quality Tech can provide its customers comprehensive legal rights to access and implement Huawei’s valuable ODN technology in practical and legitimate ways. This landmark agreement is set to bring greater commercial and legal certainty to the optical communication industry.

By reinvesting about 25% of its annual revenue into R&D activities, Huawei is able to provide its customers with revolutionary products with cutting-edge technologies; ODN technology is one of them. “Huawei owns a plurality of patents relating to fast ODN deployment, which can improve service provisioning efficiency and reduce the total cost of ownership (TCO) by 15–30% during ODN deployment,” said Wu Zhijian, Huawei’s Head of Americas Intellectual Property Rights Department.

“Huawei is pleased to reach this license agreement with Quality Tech, which will help operators build 10G PON infrastructure networks and support faster digital transformation of local societies”, Wu added.

Fernando Guerra, CEO of Quality Tech, stated: “We are very pleased to have reached this agreement with Huawei, which strengthens the presence and development of Quality Tech SRL in the region and opens great opportunities for long-term joint development”.

PR Archives: Latest, By Company, By Date