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Huawei will start billing mobile giants like Apple for its suite of patents on 5G wireless technology, which could create a profitable revenue stream by providing global leadership in next-generation networks.
Legal Chairman Song Liuping said the owner of the world’s largest 5G patent portfolio will negotiate prices and a possible mutual license with the iPhone maker and Samsung, according to Bloomberg, and seen by Al Arabiya.net.
Huawei is aiming for money despite US efforts to ban and shut down its network equipment outside the supply chain, but it has promised to charge lower prices than competitors such as Qualcomm, Ericsson and Nokia.
Executives said Huawei is expected to raise $ 1.2 billion to $ 1.3 billion in patent and licensing fees between 2019 and 2021, without specifying what stems from 5G technology. , Jason Ding, this sets a phone charge of $ 2.50.
China’s largest tech company by revenue wants to take a seat at the table with tech giants competing to define the rapidly evolving field of connected cars, smart homes and robotic surgery.
“It is natural for Huawei to collect commissions on patents,” Song told reporters Tuesday in Shenzhen.
For its part, companies like Qualcomm charge fees for the technology they provide to their customers, like Apple, where the two mobile giants have clashed over what Apple has described as unfair ownership of 7, $ 50 off the price of each iPhone, which Qualcomm has championed. as a small price to pay for basic technology.
On Tuesday, Huawei executives stressed that US sanctions should not affect its ability to cross-license with US companies because those patents are publicly available.
5G networks are expected to grow to reach $ 668 billion globally in 2026, up from just $ 5.5 billion in 2020, according to various market studies.
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