China's biggest telecommunications equipment maker will square off in court...
SHENZHEN, China/WASHINGTON - China’s biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei Technologies Co Ltd for patent infringement.
Verizon on Thursday called the lawsuits “nothing more than a PR stunt” and “a sneak attack on our company and the entire tech ecosystem.” Huawei alleged Verizon has “profited greatly” from its technology. It said the U.S. company’s Wireline segment, which covers voice, data and video communications products, generated revenue of $29.8 billion in 2018.
In June, Reuters reported Huawei told Verizon it should pay licensing fees for use of more than 230 Huawei patents and was seeking more than $1 billion.
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