After a year of disagreement, Huawei and Verizon finally reached an agreement to resolve patent litigation | MENA startups, innovation, and tech news

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After a year of disagreement, Huawei and Verizon finally reached an agreement to resolve patent litigation
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After a year of disagreement, Huawei and Verizon finally reached an agreement to resolve patent litigation

Highlights of the article:

 Huawei Technologies Co Ltd and Verizon Communications VZ. N, a US company, has agreed to resolve two patent infringement cases.
 Huawei filed a patent infringement lawsuit against Verizon in the United States, saying that the American telecommunications company infringed on Huawei’s patents.
 Verizon called Huawei's lawsuit against it a " public relations ploy" and a sneak attack on our company and our country;
 A quick description of both companies.

On July 12th, 2021, Huawei Technologies Co Ltd of China and Verizon Communications of the United States announced that they have reached an agreement to resolve a pair of patent infringement disputes. The deal was reached only days after a trial in one of the two claims began last week. Late on Sunday, Huawei and Verizon filed joint motions in two Texas federal courts to dismiss both lawsuits and Verizon’s counterclaims.

The journey from Disagreement to an agreement:

Verizon said it was "pleased" with the patent settlement it agreed with Huawei. While the details of the settlement aren’t be revealed, our team did an excellent job of putting this long-running case to a close.” “We are delighted that Verizon and Huawei have achieved a deal that resolves the companies patent litigation,” Huawei stated in a statement. The agreement’s specifics are kept private.”

“We have more than 100,000 active patents globally, including roughly 10,000 U.S. patents,” the business stated. Last year, Verizon filed counterclaims against Huawei, alleging that the Chinese corporation had infringed on Verizon patents. In 2020, Huawei stated that it was just asking Verizon to respect Huawei's investment in research and development by either paying for the use of our patents or abstaining from utilizing them.

According to the US, the business was placed on an economic blacklist in 2019 owing to national security concerns. Huawei notified Verizon in June 2019 that it owed more than $1 billion in licensing payments for the usage of more than 230 Huawei patents.

The backdrop; Verizon slams Huawei lawsuit:

In the United States, Huawei filed a lawsuit against Verizon, saying that the American telecommunications company infringed on Huawei’s patents. Verizon, on the other hand, slammed Huawei's conduct in a forceful statement. Huawei claims it has tried “for a substantial length of time” to discuss royalty payments with Verizon, but the two parties have been unable to strike a deal.

In the United States, the Chinese company has over 11,000 patents, many of which are critical to the operation of mobile networks. Verizon does not buy directly from Huawei, although it may acquire goods from suppliers that use Huawei's proprietary technologies.

The claimed patent infringements, according to Huawei, are related to 12 patents ranging from computer networking to video communications, and that Verizon has “greatly profited” from their usage. Huawei has been accused by the US government of posing a national security danger, saying that its technology may be used by China to spy on Americans. Huawei has vehemently refuted the allegations.

Despite this, Washington placed the company on a blacklist, limiting its access to American technology. Huawei has fought back with legal action, including a lawsuit against the US government last year over legislation prohibiting federal agencies from purchasing Huawei equipment.

About Huawei:

Huawei, a prominent global supplier of information and communication technology (ICT) infrastructure and smart devices, was founded in 1987. They employ about 197,000 people and operate in more than 170 countries and territories, servicing more than three billion people worldwide.Huawei's aim is to deliver digital to every person, house, and organization so that the world may become completely connected and intelligent.

To that end, they drive seamless computing and ensure fair network access to lay the groundwork for the intelligent world; provide the ultimate computing capacity to achieve pervasive cloud and intellectual ability; build powerful digital platforms to help all industries and organizations become more flexible, effective, and vibrant; and redefine user experience with AI, providing consumers with more persuasion options.

About Verizon:

Verizon Communications Inc., founded on June 30, 2000, is one of the world's largest suppliers of technology, communications, information, and entertainment goods and services, marking its 20th anniversary this year. Verizon, based in New York City and with a global footprint, produced $128.3 billion in sales in 2020. On its award-winning networks and platforms, the firm provides phone, data, and video services and solutions, meeting customers' demands for mobility, dependable network connectivity, security, and control.

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