By 
Chinese tech giant Huawei has filed a lawsuit
against US carrier Verizon, seeking compensation for what it said were
infringements of its intellectual property rights.
against US carrier Verizon, seeking compensation for what it said were
infringements of its intellectual property rights.
The company said that
Verizon is using technology that is protected by 12 of its US patents.
According to the court documents, Verizon “profited greatly” from the technology, with the US firm’s
Wireline segment generating revenue of $29.8 billion in 2018.
Verizon is using technology that is protected by 12 of its US patents.
According to the court documents, Verizon “profited greatly” from the technology, with the US firm’s
Wireline segment generating revenue of $29.8 billion in 2018.
Huawei said it has approached Verizon multiple
times to negotiate licensing fees since February 2019, but the two companies
were unable to agree on license terms.
times to negotiate licensing fees since February 2019, but the two companies
were unable to agree on license terms.
“Verizon’s
products and services have benefited from patented technology that Huawei
developed over many years of research and development,” said
Huawei’s chief legal officer Song Liuping.
products and services have benefited from patented technology that Huawei
developed over many years of research and development,” said
Huawei’s chief legal officer Song Liuping.
“For years now we have successfully negotiated patent license
agreements with many companies. Unfortunately, when no agreement can be
reached, we have no choice but to seek a legal remedy,” Song
said.
agreements with many companies. Unfortunately, when no agreement can be
reached, we have no choice but to seek a legal remedy,” Song
said.
Huawei is one of the world’s
most prolific patent holders, with more than 80,000 worldwide and 10,000 in the
US alone. It says that has received more than $1.4 billion in patent license
fees since 2015 and paid over $6 billion for the use of patented technology in
that time.
most prolific patent holders, with more than 80,000 worldwide and 10,000 in the
US alone. It says that has received more than $1.4 billion in patent license
fees since 2015 and paid over $6 billion for the use of patented technology in
that time.
News source: rt.com
