Verizon and Huawei settle patent lawsuit mid-trial

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Verizon and Huawei have reached a settlement in a patent litigation lawsuit in the midst of a trial in Texas. Huawei sued Verizon last year seeking compensation for the latter's use of patented technology that is protected by 12 of Huawei's US patents. This followed Reuters' report of Huawei demanding Verizon fork out licencing fees for over 230 of its patents.

Verizon said it is happy with the settlement reached with Huawei involving patent lawsuits. "While terms of the settlement are not being disclosed, our team did an outstanding job bringing this protracted matter to a close," the company said. Likewise, Huawei also said the terms of the agreement are confidential and it is pleased that both companies have reached an agreement, Reuters reported.

Huawei previously sought over US$1 billion and the patents in question included core network equipment, and wireline infrastructure to internet-of-things technology. In response, Verizon said the lawsuit was "a sneak attack on the company and the entire tech ecosystem".

Huawei's chief legal officer Song Liuping, however, said the company is "simply asking for Verizon to respect its investment in R&D by either paying for the use of its patents, or refraining from using them in its products and services". Huawei has been the subject of US-China trade tensions over the past few years. In 2019, the US banned Huawei and its 70 affiliates from acquiring US components and technology without government approval.

Earlier this year, it appointed WPP to raise awareness on social media and handle PR and communications for its brand in the US. At the same time, WPP's Adlab will also handle social creative concept and production, performance analytics, community management, paid social media management, social strategy, and brand voice.

Photo courtesy: 123RF