Huawei to start charging Apple for 5G patent useIt could cost Apple $2.50 an iPhone...
What you need to know
Huawei is to begin charging Apple and others for use of its 5G patents.
The "reasonable" fees proposed could generate billions in revenue for Huawei.
Royalties will be capped at $2.50 per iPhone, which could still be an awful lot of money.
A new report says that Huawei will charge charging Apple and others for use of 5G patents that power the iPhone 12 and beyond.
From Bloomberg:
Huawei Technologies Co. will begin charging mobile giants like Apple Inc. a "reasonable" fee for access to its trove of wireless 5G patents, potentially creating a lucrative revenue source by showcasing its global lead in next-generation networking.
The owner of the world's largest portfolio of 5G patents will negotiate rates and potential cross-licensing with the iPhone maker and Samsung Electronics Co., Chief Legal Officer Song Liuping said. It aims to get paid despite U.S. efforts to block its network gear and shut it out of the...
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Huawei to start charging Apple for 5G patent use