{"id":122636,"date":"2019-06-13T06:40:20","date_gmt":"2019-06-13T06:40:20","guid":{"rendered":"https:\/\/www.bnreport.com\/huawei-is-reportedly-chasing-verizon-for-1b-over-patent-infringements-cnet\/"},"modified":"2019-06-13T06:40:20","modified_gmt":"2019-06-13T06:40:20","slug":"huawei-is-reportedly-chasing-verizon-for-1b-over-patent-infringements-cnet","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/huawei-is-reportedly-chasing-verizon-for-1b-over-patent-infringements-cnet\/","title":{"rendered":"Huawei is reportedly chasing Verizon for $1B over patent infringements \u2013 CNET"},"content":{"rendered":"
\nHuawei is reportedly fighting with Verizon over networking patents.<\/p>\n

Angela Lang\/CNET <\/p>\n<\/figcaption><\/figure>\n

Huawei<\/a> is chasing down over $1 billion in patent licensing fees from Verizon<\/a>, a report says. The fees are for use of more than 230 patents for network equipment, Reuters<\/a> said Wednesday, citing a source.<\/p>\n

Verizon is reportedly using equipment through other companies that infringes on Huawei's patents covering core network equipment, Internet of Things (IoT) technology and wireline infrastructure.<\/p>\n

Verizon and Huawei representatives met last week in New York over the matter, Reuters said.<\/p>\n

"These issues are larger than just Verizon," a spokesperson from the carrier told Reuters. "Given the broader geopolitical context, any issue involving Huawei has implications for our entire industry and also raise national and international concerns."<\/p>\n

Huawei and Verizon didn't immediately respond to requests for comment.<\/p>\n

Credit rating organization S&P Global said Wednesday that the impact on the tech industry of the Huawei ban in the US<\/a> "could be wide ranging", including stymying the growth of American tech companies.<\/p>\n

"The supply ban, in our view, will also serve as a catalyst for Huawei, and the Chinese administration, to accelerate their technology investment to reduce reliance on foreign suppliers for critical components," S&P Global said on June 12. "This could heighten competition in the technology sector and potentially lower the long-term growth prospects of US technology firms."<\/p>\n

This includes long-term 5G<\/a> investment decisions, S&P said.<\/p>\n

The US blacklisted networking gear from Huawei<\/a> in May, and President Donald Trump signed an executive order essentially banning the company<\/a> in light of national security concerns that Huawei had close ties with the Chinese government<\/a>, a charge the company has denied repeatedly.<\/p>\n

Canadian Prime Minister Justin Trudeau has also set up a meeting with Trump at the White House to discuss the Canadians being detained in China<\/a>, according to The Globe and Mail<\/a> on Wednesday afternoon.<\/p>\n

The detainments followed Huawei CFO Wanzhou being arrested in Canada<\/a> in Dec. 2018 at the request of the US over alleged Iran sanctions violations.<\/p>\n

Huawei is also facing a 10-count indictment<\/a> that alleges the company conspired to steal intellectual property from T-Mobile<\/a> and subsequently obstructed justice, in addition to a separate 13-count indictment against the company and Meng Wanzhou<\/a>.<\/p>\n

It was also reported Wednesday that Huawei has filed to trademark its Hongmeng operating system in Peru<\/a>.<\/p>\n

Late Wednesday, Huawei confirmed to CNET that it is objecting to its ban in the US with an ex parte memo to the Federal Communications Commission (FCC).<\/p>\n

                                                                                                                                                              <a href=\"https:\/\/www.cnet.com\/news\/huawei-is-reportedly-chasing-verizon-for-1b-over-patent-infringements\/#ftag=CAD590a51e\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More \u2013 Source<\/strong><\/a>\n<\/code><\/pre>\n
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Huawei is reportedly fighting with Verizon over networking patents.<\/p>\n
 Angela Lang\/CNET <\/p>\n
Huawei is c..<\/p>\n","protected":false},"author":1,"featured_media":122637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":["post-122636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science"],"yoast_head":"\nHuawei is reportedly chasing Verizon for $1B over patent infringements   \u2013 CNET - Business News Report<\/title>\n<meta name=\"description\" content=\"Huawei is reportedly fighting with Verizon over networking patents.  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