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Huawei and Verizon (parent company Engadget) have resolved their long-running dispute. The dispute began in 2019 when Huawei said it had approached Verizon for some technical approval. After about a year of negotiations, negotiations between the two companies ended on January 21, 2020, and Huawei continued file several lawsuits against telecom in the courts in Texas. At the center of the dispute were 12 certificates that Huawei said Verizon used for construction. At the time, Verizon dropped the lawsuit, saying “ it was just a PR theory. ”
It has changed his music. “Verizon is pleased with the court’s decision with Huawei on legal matters. Although the rules were not mentioned, our team did a very good job of concluding the case, “said Verizon’s Rich Rich Young spokesman .
For Huawei, this is the kind of outcome the company had hoped for when it announced in early 2021 that it was planning Make money on their platforms very strongly. While the US and other parts of the world have banned its 5G network, the Chinese company is well on its way to making money by charging the license. It is one of the only 5G standard for any company in the world. To that end, it is said that the licensing process could generate an additional $ 1.3 billion between 2019 and the end of 2021.
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