Huawei. The Chinese company does not seem to have a quiet moment, and this is because it is attacked from all sides and has new important restrictions prepared that will limit its activity even more. More precisely, a new law filed in the US Senate by a group of senators aims to limit Huawei's ability to buy or sell patents registered in the US, after it demanded licensing fees from a mobile operator from the country.
Huawei. The Chinese announced a few weeks ago that they intend to demand licensing fees of 1 billion dollars from the Verizon mobile phone operator for certain technologies in the products sold to them. In response to this attack, American senators thought that Huawei does not need money from buying, selling, or licensing US patents, so they want to ban these types of transactions for them.
HARD BLOW for Huawei, New MAJOR RESTRICTIONS Prepared
Huawei. The measure is a radical one, but one that seriously hits the Chinese company, because it has a subsidiary in the US that has been registering patents for the Chinese group for many years. If the law is adopted, then Huawei will have serious limits regarding the control of invention patents in the US, as they cannot be used even for the products that the parent company wants to launch in the future.
Republican senators on Thursday introduced a bill aimed at blocking Huawei from buying or selling US patents. The bill sponsored by Senators Marco Rubio and John Cornyn would allow the federal government to block companies on a US government "blacklist" from buying, selling or exclusively licensing US patents.
Huawei. This is the second law submitted by the senators against the Chinese company, one from the past few days aimed at taking away from Donald Trump the ability to lift the sanctions he imposed on the company. Basically, the senators want to have total control over what happens to these companies that would be a risk to the US national security, and Huawei is now also caught in an American political war.
Huawei. Having said that, if two weeks ago things seemed to be going in a good direction for the company, now things are going from bad to worse for the Chinese.
