Wednesday, December 17Huawei news & HarmonyOS updates

Tag: Patents

Nokia Licenses Wi-Fi Patents to Stellantis, Acquires Patents from Huawei
NEWS, Reviews

Nokia Licenses Wi-Fi Patents to Stellantis, Acquires Patents from Huawei

Nokia has entered into two significant patent deals recently, licensing its WiFi patents to automotive giant Stellantis and acquiring a batch of patents from Huawei. This move by Nokia signals an ongoing strategy in the tech world where companies strengthen their intellectual property portfolios through strategic acquisitions. 📌 Key Takeaways ✓Nokia licenses WiFi patents to automotive company Stellantis ✓Nokia acquires a batch of patents from Huawei ✓These deals highlight the importance of IP in tech industry WiFi Licensing DealIn this deal, Nokia has granted Stellantis access to its WiFi patent portfolio. Given that connectivity is becoming a crucial feature for modern vehicles, especially with the rise of autonomous driving technology and in-car entertainment systems, this agreeme...
Huawei Announces $630M in IP Revenue, Emphasizing Global Innovation Leadership
NEWS

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...
Huawei Reports $630 Million in Licensing Revenue – A Breakdown of the Tech Giant’s Profit Stream
How-To & Guides, NEWS

Huawei Reports $630 Million in Licensing Revenue – A Breakdown of the Tech Giant’s Profit Stream

As one of the leading tech companies globally, Huawei has announced impressive revenue from patent and technology licensing, totaling a staggering $630 million. This figure not only showcases the company’s technological prowess but also highlights its dedication to innovation and intellectual property management. Here’s an in-depth look at how this financial milestone is shaping up for Huawei. Overview of Revenue Generation The $630 million revenue reported by Huawei underscores a robust licensing strategy that includes both patent royalties and technology fees. This income stream allows the company to continue its focus on R&D without relying heavily on hardware sales, which have been impacted by sanctions in certain markets. Impact of Licensing Revenue This significant revenue is cru...
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