Huawei shrugs off Verizon patent talks as 'common' business

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

HONG KONG: Huawei pegged its patent talks with U.S. carrier Verizon as 'common' business activity and said such negotiations should not be ...

HONG KONG: Huawei pegged its patent talks with U.S. carrier Verizon as"common" business activity and said such negotiations should not be politicised, days after a senator filed legislation to prevent the Chinese firm from seeking damages in U.S. courts.

Intellectual property rights"should not be politicised", Song said."IP is a private property issue and should be free from the competition, trade talks and any other allegations that countries have between them." A U.S. jury on Wednesday cleared CNEX, while awarding the U.S. firm no damages on its own trade theft claims.

Huawei, which has received over US$1.4 billion in licensing revenue since 2015, is against charging exorbitant royalties, Song said, adding the firm had never been asked by a court to pay damages for malicious IP theft.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US tech companies sidestep a Trump ban to keep selling to HuaweiSHANGHAI US chipmakers are still selling millions of dollars of products to Huawei despite a Trump administration ban on the sale of US technology to the Chinese telecommunications giant according to four people with knowledge of the sales.
Source: TODAYonline - 🏆 1. / 99 Read more »