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Huawei crackdown

Huawei shows off patent progress despite US pressure

China tech champion says it will bag over $1bn in licensing fees for 2019-21

Huawei leads the world in number of 5G standard essential patents, which are essential for implementing a new standardized technology.    © Reuters

TAIPEI -- Chinese tech champion Huawei on Tuesday said it will receive more than $1 billion in patent licensing fees from global companies for the three years through 2021 -- trying to assert that its technological prowess remains intact in the face of U.S. efforts to curb its growth and innovation.

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