Huawei announces royalty rates for 5G phone technology

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Shenzhen, China: Huawei Technologies Co., Ltd. announced the use of its 5G phone technology for the first time, in a move that its chief legal officer said was to increase transparency at an event held on Tuesday.

The company was included in the export blacklist by former U.S. President Donald Trump in 2019 and banned access to key technologies originating in the United States, which affected its design of its own chips and procurement of components from external suppliers. ability.

However, Huawei is seeking to showcase its own research results. According to Jason Ding, the company’s head of IP, the company expects to receive approximately $1.3 billion in revenue from patent licenses between 2019 and 2021.

Ding said that for every mobile phone that uses Huawei’s 5G technology and works normally, the company will receive a patent royalty of up to $2.50.

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