Huawei says it earned patent revenues of US$560 million last year

Huawei Technologies received US$560 million ($813 million) in royalty revenues in 2022, Alan Fan, its head of intellectual property (IP), said on Thursday in a speech at company headquarters in the city of Shenzhen.

Huawei earned more than it paid out in royalties over the last two years as the decline in handset sales meant it needed to pay less to other IP holders, Fan said.

The company has entered into patent licenses with phone makers Samsung and Oppo and automakers including Audi, Mercedes Benz, BMW, Porsche, Subaru, Lamborghini and Bentley, Huawei said.

Last year, Huawei spent US$23 billion on research and development, with 114,000 staff, 55 percent of its total, working on research, the company said.

From 2019, rounds of US restrictions after authorities there called the company a security risk reduced its access to chipmaking tools.

Huawei denies being a security risk.

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AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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