Huawei Technologies and Xiaomi Corp, two of China’s biggest smartphone players, have decided to put their intellectual property dispute on the back burner and instead inked a global patent cross-licensing deal. This agreement covers various communication technologies, including the ever-important 5G, and it’s poised to boost the expansion efforts of both companies. Alan Fan, who heads up Huawei’s intellectual property department, summed it up well in a joint statement released on Wednesday, saying, “This licensing agreement once again shows how the industry recognizes Huawei’s contributions to communication standards and will help us invest more in researching future mobile tech.” Before…