Caixin
Jun 10, 2022 03:26 AM
BUSINESS

Huawei Vows to Step Up Domestic Patent Licensing

By the end of 2021, Huawei was granted more than 110,000 patents worldwide.
By the end of 2021, Huawei was granted more than 110,000 patents worldwide.

Huawei Technologies Co. is stepping up efforts to turn its vast pool of patents into revenue through licensing arrangements with domestic companies as the telecommunications giant seeks to offset the effects of U.S. sanctions.

Huawei is communicating with domestic companies on patent licensing and expects to reach agreements in the near future, Fan Zhiyong, head of Huawei’s intellectual property rights department, told Caixin.

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