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.
Jason Ding, head of Huawei's intellectual property rights department, said the company, through its patents and research, has been the biggest contributor to setting global 5G standards.