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Huawei licenses its technologies to European car manufacturers

The Chinese company Huawei has entered into agreements with a number of European car manufacturers to transfer technical patents to them. The Nikkei Asia edition has learned that the contracts were signed by representatives of Mercedes-Benz, Audi, BMW, Porsche, Subaru, Renault, Lamborghini and Bentley.

Earlier, US authorities accused Huawei of violating cybersecurity and spying for the Chinese government. The company has been under US sanctions for several years and seeks to profit by selling licenses to European automakers.

Huawei estimates that its technology will be deployed in 15 million of the 70 million vehicles produced worldwide.

The company continues to struggle with US restrictions that have negatively impacted the smartphone business and the manufacturer's own semiconductor development. Deals with other companies allow Huawei to work with foreign organizations and markets, including the US.

This year, the company signed 20 new or extended patents covering technologies for smartphones, connected cars and the Internet of things.

Huawei licenses its technologies to European car manufacturers