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Huawei to charge royalty for use of its patented 5G tech

Abstract : Chinese hi-tech giant Huawei announced Tuesday that it will charge mobile phone makers a royalty to use its patented 5G technology.

SHENZHEN, March 16 (Xinhua) — Chinese hi-tech
giant Huawei announced Tuesday that it will charge mobile phone makers a
royalty to use its patented 5G technology.

The company released a white paper on innovation and intellectual
property (IP) at its Shenzhen headquarters, stating that it has become
one of the world’s largest patent holders through sustained investment
in innovation.

By the end of 2020, Huawei held over 100,000 active patents in more
than 40,000 patent families worldwide, according to the white paper.

For every multi-mode 5G smartphone, the company will provide a
reasonable percentage royalty rate of the handset selling price, and a
per unit royalty cap at 2.5 U.S. dollars, said Jason Ding, head of
Huawei’s Intellectual Property Rights Department.

“We want to show the history of our innovation over the past 30 years
and our long-term commitment to respecting, protecting, and
contributing to IP. With this white paper, we want you to better
understand how Huawei has become what it is today,” said Huawei’s Chief
Legal Officer Song Liuping.

In 2008, the World Intellectual Property Organization listed Huawei
as No.1 in terms of number of patent applications filed under the Patent
Cooperation Treaty for the first time. In 2019, the company ranked No.2
in Europe and No.10 in the United States in terms of the number of
patents granted.

Huawei estimates it will receive about 1.2 to 1.3 billion U.S.
dollars in revenue from patent licensing between 2019 and 2021,
according to Ding. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy,BRI Trade,BRI Investment,Belt and Road weekly,Know Belt and Road,and the integrated information services for the Belt and Road Initiative (BRI).

Source: Huawei to charge royalty for use of its patented 5G tech

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