Why is Huawei seeking $1 billion patent deal with Verizon?

The Economic Times | Jun 14, 2019 at 4:52 PM
  • Huawei Huawei is demanding Verizon Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company’s strategy for the U.S. market.
  • Litigation is fairly common.
  • Huawei and Samsung Electronics Samsung Electronics Co recently settled a global legal battle on confidential terms.