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| Huawei sues Verizon for patent infringement |
Huawei filed a lawsuit in the courts of the United States of America and East Texas, asking Verizon to infringe a patent on proprietary technology. In this case, Huawei tried to prove its violation. Verizon technology has been compensated and is protected in the U.S. by 12 patents registered.
"Song Verizon products and services benefit from Huawei's patented technology obtained through years of research and development. We have invested a lot of energy in it. We want our customers to get the best value," said Dr. Song Lieping, Head of Legal Division at Huawei. A possible additive is communications solutions, and we also share these innovations with various departments through licensing agreements. "
Huawei allocates 10% to 15% of its annual sales for research and development. Over the past decade, the company has invested over $ 70 billion in this field and obtained more than 80,000 patents worldwide, of which more than 10 possess 10,000 patents in the United States alone, which is a strong foundation for success and continued business growth. It is of great value to the communications and information technology industry, which is widely used by global companies, including the United States.
Huawei is said to have had long negotiations with Verizon before filing a lawsuit in Texas. During the negotiations, he provided a detailed list of patents and convincing evidence that Verizon had used Huawei's patents, but the parties were unable to agree on licensing terms.
Regarding the failure of negotiations and law enforcement, d. Song: "Over the years, we have successfully obtained many patent licenses and negotiated with many companies, but if we cannot reach an agreement, we will have no choice but to resort to them. This is a common path of law and justice in this area, we only ask of Verizon respect their R&D investment, pay for the use of patents that we keep, or avoid using them in their products and services.
Huawei respects and protects intellectual property rights and requires legal participation of patented technologies through joint licenses or paid licensing agreements. During the past two decades, the company has entered into major joint licensing agreements with major patent holders in this field. The scope of the negotiations. Telecom has signed more than 100 licensing agreements with major information and communications technology providers in the United States, Europe, Japan and South Korea.
In 2015 Huawei acquired more than $ 1.4 billion in patent licensing rights. So far, the company has paid more than $ 6 billion in legal use of patented technologies developed by its peers in this field. 80% of royalties go to companies in the United States. Innovation, protection and respect for intellectual property are important factors for the company's economic success and its relationships with its customers.
The company's R&D spending was reported to be $ 15 billion in 2018, accounting for 15% of Huawei's annual sales. It ranks fifth on the European Union's 2019 Research and Development List. The company wants to continue to share R&D results with the countries in which it operates, including American companies and consumers. The company expresses its firm belief in sharing innovations. It will promote the growth of the telecommunications and information technology sectors on a large scale and contribute to their development for the future of mankind.