NEW YORK -- Chinese telecom equipment supplier Huawei Technologies has informed Verizon Communications, a leading U.S. wireless carrier, that it owes licensing fees on more than 200 patents, according to a news report Wednesday.
A Huawei executive in charge of intellectual property sent a letter in February requesting fee payments from Verizon to resolve the "patent licensing issue," The Wall Street Journal wrote in its online version, citing informed sources. The patents reportedly include those for network infrastructure and equipment, as well as "internet of things" technology.
