TAIPEI -- China's Huawei Technologies said it received about $630 million in patent licensing revenue in 2024 and that nearly 10% of Fortune 500 companies have become its direct or indirect licensees, as China's largest tech giant continues fighting heavy U.S. export controls.
Technology
Huawei flags $630m in revenue from licensing patents and technology
Company touts innovative tech for its Ascend AI chips in challenge to Nvidia
China's Huawei has built up a massive trove of intellectual property. © Reuters
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