Huawei is still developing technologies that other companies want

The release of the Huawei Mate 50 Pro was greeted by strong demand and long lines in China
Adler Feng, Oppo’s Chief Intellectual Property Officer, said: “We are very pleased to have entered into a patent cross-licensing agreement with Huawei. It clearly demonstrates that the two companies recognize and deeply respect the value of each other’s intellectual property. It’s a win-win deal for both sides. As always, we will be committed to building a sustainable, healthy intellectual property ecosystem where intellectual property licenses can be resolved through amicable negotiations and the patent value of every company is highly respected.”
From 2019 to 2021, Huawei reportedly earned as much as $1.3 billion in royalties
Samsung has been criticized for its 5G cellular modem technology used on the Google Tensor chipset (Pixel 6 series) and Tensor 2 chipset (Pixel 7 series). Pixel 6 series users have had many issues trying to connect to 5G networks, but so far this hasn’t been a major issue for Pixel 7 series users.
The report notes that over 20 companies have licensed patents and other technologies from Huawei in recent years. The company is believed to have earned $1.2 billion to $1.3 billion in royalties from 2019 to 2021. Huawei needs this money to offset the huge drop in phone sales it has seen since US bans began.
And the company remains as innovative as it was before it was hit by US restrictions. Last year, it was the number one company in obtaining patents granted by the China National Intellectual Property Administration and the European Patent Office. Even in states where it is considered a national security threat, Huawei received a large number of patents last year, surpassed only by four other companies.
Fan continues: “We are delighted to have entered into a cross-licensing agreement with Oppo. The mutual recognition of the value of intellectual property between companies is an important step in promoting a virtuous cycle of innovation and research in high quality standards: invest, get returns, avoid investments and then invest again. This will allow our industry to continue to innovate and provide consumers with more competitive products and services.”