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Huawei shrugs off Verizon patent talks as 'common' business

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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.

 

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