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Huawei may demand more royalties from US firms that rely on its patented tech

2019-06-21 10:24:07       source:CNBC

June 21, 2019


Huawei may demand more royalties from U.S. firms for technology they’re using that’s been patented by the Chinese telecom giant, experts say, as the beleaguered firm looks to fight back against continued pressure from Washington.


It would mark a big shift in strategy for Huawei, which typically is not seen as especially litigious in terms of intellectual property rights (IPR), even though it holds some crucial patents that underpin the world of telecommunication.


Last week, Reuters reported that Huawei had asked Verizon to pay $1 billion in royalties for more than 230 of Huawei’s patents. The Wall Street Journal reported that the patents related to Huawei range from core network equipment to so-called internet of things technology — defined as physical devices that are linked to one another over the internet. The Verizon case is not a legal case at the moment.


Read more:

https://www.cnbc.com/2019/06/21/us-china-trade-war-huawei-could-target-more-us-firms-over-patents.html