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

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

6 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-usa-huawei-explainer/explainer-why-is-huawei-seeking-1-billion-patent-deal-with-verizon-idUSKCN1TF1BK

Huawei is demanding 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.