The US giant officially admitted its mistake
When Huawei was not treated unfairly in the United States, it invested a lot of research and development funds, and the local subsidiaries established by Huawei also accumulated certain authorizations for Huawei. Patented technology system. Of the 80,000 patents owned by Huawei worldwide, 10,000 are from the United States.
This shows that many American companies cannot avoid using Huawei's patented technology. If they are authorized to use Huawei patents, there will be no problem. However, some US companies not only use unauthorized patents, but are also unwilling to pay.
Originally, Huawei was developing well in the United States and did not have much time to come to ask for patent fees. However, Huawei's business in the United States has basically been eliminated, and Huawei has a lot of free time.
At this time, the patent fees that should be demanded cannot be less, so Huawei sued Verizon, the largest telecommunications operator in the United States, demanding that the other party pay the corresponding patent fees.
Since Verizon infringed on many of Huawei's patents without communicating with Huawei in advance, Huawei was almost certain to win after collecting enough evidence. But who knew that Verizon was unwilling to compromise, and the matter was delayed again and again. After a year of stalemate, things finally came to an end.
According to news from the media, the US giant Verizon officially admitted its mistake and reached a settlement agreement with Huawei. The result of this patent lawsuit is obvious, Verizon chose to compromise.
How much royalties can I receive?
What you need to know is that Huawei launched two patent infringement lawsuits against Verizon. The settlement of the first case shows that Huawei has won. The remaining second event will be held again in October this year, but after the first victory, I believe that the second time will also achieve satisfactory results.
Huawei’s infringement lawsuit against Verizon involves 12 patents, and it has achieved initial victory in 3 patent infringement cases. I thought that the incident would continue to be stalemate, with fierce arguments between the two sides, but I didn't expect that there would be progress so quickly.
Since Verizon has chosen to settle and admit its fault to Huawei, it is certain that the huge patent fees will not escape. So how much patent fees can Huawei receive?
Since the two parties did not disclose the content of the settlement agreement this time, the amount of patent dispute fees involved, the amount of the claim, etc. are still unknown. In addition, there will be a second patent lawsuit in the future. If Huawei wins both lawsuits and Verizon sincerely admits its mistakes, then Huawei will definitely receive a lot of patent fees.
According to insider analysis, Huawei’s claim may be worth US$1 billion, and Verizon will need to pay corresponding fees for infringing patents.
Judging from the number of patent infringements Huawei has sued Verizon for, Huawei may receive a huge amount of patent fees from Verizon. The specific amount may be the US$1 billion mentioned by people familiar with the matter, or it may be higher than US$1 billion.
However, one thing that can be confirmed is that Huawei has enough time to collect patent fees when it is free. If the other party does not intend to pay, Huawei does not recommend mediating with the other party again.
Let strength speak for itself
Huawei has received US$600 million in patent fees in the first quarter of this year, which is a net profit revenue. Huawei, which has a large number of patents, can make money even while lying down. However, Huawei will not just "lay down". Instead, it will continue to work hard and invest more R&D funds to ensure technological leadership.
Huawei must speak with its strength and use real technology to develop global markets. Huawei is able to fight back against patent infringement head-on because it is confident enough. The source of confidence is the 80,000 patent system.
Huawei ranks seventh in the number of patents formed in the United States. Neither Apple nor Microsoft’s patents can match Huawei’s.
The more patents Huawei obtains in the United States, the more U.S. companies will use Huawei patents.
At that time, there will be another income, and there is no business in the United States anyway. Why not just collect the money directly?
Summary
The American giant finally lost and reached a settlement with Huawei in the patent infringement case. Huawei is also happy to hear this result. There is no benefit in continuing to argue, it is a waste of time and energy. However, the matter is not completely over yet. It is expected that there will be a second patent dispute case around October.
However, if Verizon reaches a settlement the first time, it will most likely choose to compromise and fully understand the matter the second time. Huawei is not afraid that the other party will not pay. As long as it has evidence in hand, Verizon cannot escape this huge patent fee.
How much patent fees do you think Huawei can receive?