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2021-07-12

Great outcome

Huawei, Verizon agree to settle patent lawsuits

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Huawei and Verizon filed joint motions to dismiss both cases and Verizon's counterclaims late Sunday in two U.S. courts.</p>\n<p>In February 2020, Huawei sued Verizon alleging the company used a dozen Huawei patents without authorization in areas such as computer networking, download security, and video communications, seeking an unspecified amount of compensation and royalty payments.</p>\n<p>Huawei said in a statement it was \"pleased that Verizon and Huawei reached an agreement that ends the companies’ patent litigation. 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Huawei and Verizon filed joint motions to dismiss both cases and Verizon's counterclaims late Sunday in two U.S. courts.\nIn February 2020, Huawei sued Verizon alleging the company used a dozen Huawei patents without authorization in areas such as computer networking, download security, and video communications, seeking an unspecified amount of compensation and royalty payments.\nHuawei said in a statement it was \"pleased that Verizon and Huawei reached an agreement that ends the companies’ patent litigation. The terms of the agreement are confidential.\"\nThe company noted it \"holds more than 100,000 active patents worldwide, including about 10,000 U.S. patents.\"\nVerizon did not immediately comment Monday but last year called the lawsuits \"nothing more than a PR stunt\" and \"a sneak attack on our company and the entire tech ecosystem\" and filed counterclaims against Huawei, claiming the Chinese company violated Verizon patents.\nHuawei said in 2020 it was \"simply asking that Verizon respect Huawei's investment in research and development by either paying for the use of our patents, or refraining from using them.\"\nIn June 2019, Reuters reported that Huawei told Verizon it should pay licensing fees for use of more than 230 Huawei patents and was seeking more than $1 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":12,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/142018359"}