Huawei to Begin Charging Apple and Samsung for Access to 5G Patents [Report]
Huawei plans to begin charging companies like Apple and Samsung a ‘reasonable’ fee for access to its 5G patents, reports Bloomberg.
The owner of the world’s largest portfolio of 5G patents will negotiate rates and potential cross-licensing with the iPhone maker and Samsung Electronics Co., Chief Legal Officer Song Liuping said. It aims to get paid despite U.S. efforts to block its network gear and shut it out of the supply chain, but promised to charge lower rates than rivals like Qualcomm Inc., Ericsson AB and Nokia Oyj.
Executives from Huawei estimated that the company will bring in $1.2 – $1.3 billion in patent and licensing fees between 2019 and 2021. It’s unclear what amount will come from 5G. Jason Ding, head of Huawei’s intellectual property department, says per-phone royalties will be capped at $2.50.
More details in the full report linked below…
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