Huawei reportedly urging Verizon to pay fees on over 200 patents

Arirang News 2019-06-13

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화웨이, 美 버라이즌에 특허료 1조원 요구
Amid that on-going trade spat, Huawei is reportedly pressuring Verizon to pay licensing fees on over 230 patents worth around 1 billion U.S. dollars.
According to the Wall Street Journal the Chinese tech giant requested Verizon to pay the fees in February.
Representatives from both firms also apparently met last week in New York to discuss some of the patents,... which include core network equipment and wireline infrastructure.
A Verizon spokesperson declined to comment on the issue saying it's a potential legal matter, adding that any issue involving Huawei has implications for the entire industry.

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