For twenty years, Huawei paid Qualcomm. Now it's reversed. Qualcomm agreed to license Huawei's LogicFolding chip tech and buy some of their patents, all while Huawei brags that its total licensing haul will top $6.9 billion after this deal. Qualcomm's own licensing revenue stopped including Huawei royalties back in 2025. So they lost that income stream. Now they're paying Huawei instead, and nobody knows how much .
Meanwhile, Android handset revenue is expected to drop 20% this year. Apple is moving away faster than expected, with iPhone modem revenue set to fall by half just from September to December. So the core business is bleeding and they're paying a competitor for patents. How is this a win?