In 2019, the US government placed Huawei on an export blacklist, limiting its access to vital US-made technologies. Later, the business turned to patent licencing, where it allegedly expects to make $1.3 billion (approximately Rs. 1,075 crore) between 2019 and 2021. According to a recent report, Huawei has licenced important 5G technology to Samsung, perhaps in connection with the 5G modems used in Samsung's mobile devices. According to the article, Huawei and Oppo have also declared a worldwide cross-patent licencing deal.
According to a report from Nikkei Asia (via Sammobile), Samsung has purchased licences from Huawei for important 5G technology. These are thought to be for Samsung Networks' 5G telecom infrastructure or the 5G modems in Samsung handsets. A global patent cross-licensing deal between Huawei and Oppo has also been revealed; it is stated to encompass 5G, Wi-Fi, and audio-video codecs.
When the US government blacklisted Huawei in 2019 under the leadership of then-President Donald Trump, the firm suffered a severe setback to its smartphone industry. According to a recent study, new limits implemented by the current US administration led by President Biden caused the company's revenue to decline by 2.2 percent in 2022.
According to reports, the Chinese internet giant has accelerated the development of network technology to lessen its exposure to such penalties. Oppo and Samsung are reportedly two of the 20 companies who have recently agreed to licence Huawei's technologies and patents. The sale and import of communication equipment from Huawei and ZTE were both outlawed by the US Federal Communications Commission (FCC) in November.
As was already reported, Huawei anticipated that between 2019 and 2021, patent licencing will bring in around $1.3 billion (about Rs. 1,075 crore) in income. According to reports, the business made around $2.5 (or about $200) for each smartphone that used their 5G technology.
