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Huawei earned more from patent licensing deals than it paid out

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Huawei reportedly made more money from patent licensing than it paid out patent royalties to other companies in 2022. According to a Reuters report, the Chinese firm has achieved this feat for the second year running. The report doesn’t detail the total revenue the company generated from its patents this year, though. With its consumer-facing business largely limited to the domestic market due to US sanctions, patent licensing has become an integral source of income for Huawei. The beleaguered Chinese tech behemoth holds thousands of patents across various industry sectors globally. It is the biggest patent holder in China and…

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