Chinese tech giant Huawei has filed a lawsuit against US carrier Verizon, seeking compensation for what it said were infringements of its intellectual property rights. The company said that Verizon is using technology that is protected by 12 of its US patents. According to the court documents, Verizon “profited greatly” from the technology, with the US firm’s Wireline segment generating revenue of $29.8 billion in 2018. Huawei said it has approached Verizon multiple times to negotiate licensing fees since February 2019, but the two companies were unable to agree on license terms. Also on rt.com
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