Huawei is seeking $1 billion from Verizon over 230 patent infringements

A new report from Reuters claims that Huawei is in a patent dispute with Verizon for unregulated use of an estimated 230 patents. The total fines for these could be worth as much as $1 billion. The major infringements are allegedly in the network equipment area where an estimated twenty additional vendors are involved. Some of those are reportedly large scale US tech companies.

Going into more details, the group of patents range from wire-line infrastructure to network equipment and IoT solutions. The report also claims meetings between Huawei and Verizon representatives already took place in New York but neither side give out details of the discussed topics. Verizon’s Richard Young mentioned that “the issues are larger than just Verizon” and “issues involving Huawei also raise national and international concerns”.

Source | Via