Huawei asks Verizon to pay over $1 billion for over 230 patents: source

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Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. car...

WASHINGTON - Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker’s patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday.

The patents in question range from core network equipment, wireline infrastructure to internet-of-things technology, the Journal reported. The licensing fees for the more than 230 patents sought is more than $1 billion, the person said. Huawei and Verizon representatives met in New York last week to discuss some of the patents at issue and whether Verizon is using equipment from other companies that could infringe on Huawei patents.

Huawei and U.S. wireless carriers T-Mobile US Inc and AT&T Inc did not respond to Reuters’ requests for comment. Sprint Corp declined to comment.

 

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Isn’t that rich? China hacked and stole Canadian telco Nortel Networks IP in the 90’s to create Huawei.

Huawei have thousands 5G patents which had authorized in US. That's means US carriers must pay hundreds Billions $ to Huawei for these Unless US carriers abandon 5G. Or else US must change laws or develop US owned 6G tech.

It's our turn to play the game now

Yup! Serves them right

All your patents are belong to us.

So?Without necessary details,by using such misleading title aim to catch people's eyes.

Oh, Huawei has jokes now? 😂😂😂😂

干滴漂亮,顶

Good luck with that.

Unnamed source, again?! Really? 😑

I thought the Chinese were stealing our patents Or is this some of your fake news.

How do they plan on collecting?

lol...CAN YOU HEAR ME NOW?

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