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Huawei Books $560 Million From Patent Deals in 2022

(Bloomberg) Huawei Technologies Co. made $560 million in revenue from its patent licensing deals last year, disclosing for the first time its annual income from that part of the business.Most Read from BloombergHow Much Income You Need to Crack America's Richest 1%Singapore Arrests Minister, Property Tycoon in Graft ProbeEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudDeSantis Says No Thanks to $377 Million in US Energy FundsMicrosoft, Activision Eye UK Rights Sale to Get Merger DoneTh

Huawei CFO s Extradition Hearing Ends as She Awaits Ruling

(Bloomberg) Huawei Technologies Co.’s chief financial officer Meng Wanzhou’s extradition hearing in Vancounver is over, bringing to a close more than two years of proceedings that have triggered an unprecedented geopolitical tussle among the U.S., China and Canada.

Huawei Says It Has Settled Patent Lawsuits With Verizon in Texas

Jul 12 2021, 10:16 PM July 12 2021, 7:27 PM July 12 2021, 10:16 PM (Bloomberg) Huawei Technologies Co. and Verizon Communications Inc. agreed in the midst of a federal jury trial in Texas to end two patent-infringement lawsuits over royalties on telecommunications technology. (Bloomberg) Huawei Technologies Co. and Verizon Communications Inc. agreed in the midst of a federal jury trial in Texas to end two patent-infringement lawsuits over royalties on telecommunications technology. Representatives of both companies said they were pleased with the settlement, the details of which they said were confidential. U.S. District Judge Rodney Gilstrap on Monday approved the joint motion to dismiss the cases, filed Sunday by the companies.

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