Huawei Announces $630M in IP Revenue, Emphasizing Global Innovation Leadership
BEIJING - In a significant milestone for intellectual property (IP) innovation and revenue generation, Huawei announced at its annual Innovation and Intellectual Property Forum that the company has booked around $630 million in patent licensing revenue during 2024. This marks another year of growth for Huawei's IP strategy as it continues to solidify its position as a leader in global technology research and development.
During his keynote address, Alan Fan, head of Huawei’s Intellectual Property Rights department, highlighted the company's dedication to innovation by announcing that Huawei published 37,000 patents globally in 2024. This record-breaking number underscores the company's commitment to ongoing investment in research and development (R&D), with over CNY170 billion ($24 bil...









