Money & The Economy

Huawei, A Corporate Pariah In America, Sues Verizon As It Clings To The American Market

Tech giant Huawei is accusing American telecommunications company Verizon of violating several patents as the Chinese company tries to stay relevant inside the U.S., a lawsuit filed in Texas Thursday shows.

Verizon Communications violated 12 patents on digital communications and other technology, Huawei said in a copy of the lawsuit. The lawsuit was filed after negotiations failed to produce a licensing agreement, the company added.

Huawei has long denied allegations that is poses a risk to U.S. security. Though such appeals have fallen on deaf ears in Washington, D.C. President Donald Trump imposed sanctions in May blocking Huawei’s access to U.S. technology components.

The company claims to have collected $1.4 billion in U.S. patent fees over the last five years, so the lawsuit is Huawei’s attempt to retain some value from its connections to the U.S.

Department of Justice officials charged Huawei on January 2019 on several counts of fraud.

The 13-count indictment against Huawei and its chief financial officer, Meng Wanzhou, accused the tech giant of bank fraud, wire fraud and violating U.S. sanctions on Iran. It was also charged with conspiring to obstruct justice related to the DOJ’s investigation. U.S. lawmakers have gotten in on the fight as well.

The Trump administration meanwhile unsuccessfully applied pressure on the United Kingdom to avoid using Huawei to build out its fifth generation network. Britain announced in January  plans to allow the company limited access to the country’s 5G networks.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Chris White

Share
Published by
Chris White

Recent Posts

Former NYPD Inspector Shares What Family Of Alleged Charlie Kirk Assassin Feared Before Turning Him In

Former NYPD Inspector Paul Mauro said on Fox Business Friday that the family of Charlie…

19 hours ago

US Truckers Plead For Help As Foreign Drivers Use Illegal Gimmick To Rake In Millions

The largest trucking association in the country is pleading with the Trump administration to stop…

19 hours ago

White House Tribute to Charlie Kirk

The White House released "A Tribute to Charlie Kirk" on Friday that celebrates a great…

19 hours ago

China Throws Fit Over Mexico Playing Ball With Trump On Trade

China is lashing out at Mexico for considering tariffs on Chinese goods that would align…

19 hours ago

I’d like to retire early, but don’t want my Social Security reduced

Dear Rusty: I will be 65 this year and my husband is 72 (he retired in…

19 hours ago

Missouri Joins Texas In Passing GOP-Friendly Redistricting Before Midterms

The Missouri Senate on Friday approved a new congressional map that, when enacted, would add…

19 hours ago