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China's Huawei renews patent licensing deal with Ericsson
China's Huawei renews patent licensing deal with Ericsson
Business and Economy
by  AFP

Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to US warnings about the risk of espionage by Beijing. Despite those tensions, Huawei and Ericsson -- based in Stockholm -- have signed a "long-term" global agreement to licence each other's patents, the Chinese company said in a statement Friday.