Huawei has said it wants to charge more US companies for using its intellectual property, after asking Verizon to pay more than $1bn in royalties for using about 230 of its patents.
But the Chinese telecoms equipment company, which is at the heart of the US-China trade war, insisted that the demands should not be seen as political, and were simply “common” business.
“Huawei’s fundamental principle of intellectual property rights is that they should be defensive not offensive in nature so we won’t weaponise our patents,” Song Liuping, Huawei’s chief legal officer told reporters on Thursday, adding that the company opposed charging “exorbitant licensing fees”.
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