Under pressure from the United States, the world’s largest manufacturer of telecommunications equipment has been denied access to critical technology of American origin. This affected its ability to design and manufacture its own microcircuits and obtain components from overseas suppliers.
In response, Huawei decided to recall its own research and development achievements. The company expects to generate about $ 1.3 billion in patent licensing revenue between 2019 and 2021, according to Jason Ding, head of intellectual property. The Chinese manufacturer receives up to $ 2.50 for every smartphone that uses Huawei’s technologies to operate 5G networks, Ding said.
As you know, in the number of patents related to 5G, Huawei competes with companies such as Samsung, Nokia and LG, surpassing all American companies combined.
According to the company itself, by the end of 2020, it had over 100,000 active patents in over 40,000 patent families worldwide. This is not surprising if you know that in 2019 investment in R&D amounted to $ 20.27 billion.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
