Market digest

Huawei posts biggest jump in patent ownership in 2020

Staff Correspondent

19 March, 2021 12:00 AM printer

Huawei has recorded its biggest ever annual jump in the number of patents it owns last year.

 It has become one of the world's largest patent holders surpassing all its contenders in the market.

This piece of information came through a new white paper on innovation and intellectual property released by Huawei recently at the Forum on Innovation and IP Prospects in 2021 and Beyond held at the company's Shenzhen headquarters.

Huawei held over 100,000 active patents in more than 40,000 patent families worldwide, up from just over 85,000 active patents at the end of 2019.

It also owns patents in telecoms equipment, particularly in 5G technology, video surveillance technologies and other forms of artificial intelligence. 

Jason Ding, Head of Huawei's Intellectual Property Rights Department, said that Huawei estimates it will receive about $1.2 to $1.3 billion in revenue from patent licensing between 2019 and 2021.

He also announced that Huawei will provide a reasonable percentage royalty rate of the handset selling price, and a per unit royalty cap at US$2.5for every multi-mode 5G smartphone."