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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 75.95+1.3%Jul 22 4:00 PM EDT

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From: Bill Wolf6/17/2019 7:35:07 AM
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Huawei has a lot of ammunition for a patent fight
The Chinese company has started a battle with Verizon over patents. Susan Decker of Bloomberg points out that it has many more arrows in that quiver to fight back against U.S. efforts to squash its business.
Huawei has 56,492 active patents worldwide, according to the research firm AcclaimIP. They cover telecom, networking and other high-tech areas. Last year alone, Huawei received 1,680 U.S. patents.
And the company is showing more willingness to use them as weapons. It has already pressed Verizon to pay licensing fees for equipment that the Chinese company says infringes on 238 of its patents. (Though Verizon doesn’t use Huawei equipment itself, some of its vendors do.)
Huawei has a lot of incentive to fight back. Restrictions imposed by the Trump administration are expected to take a significant toll on its business: It’s reportedly preparing for a drop in global smartphone sales of as much as 60 million units, according to Bloomberg.
More: Huawei could build a decent phone without U.S. components — but for now, it can’t create a great one.
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