Huawei to Start Demanding 5G Royalties From Apple, Samsung

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  • Bloomberg Markets and Finance published this video item, entitled “Huawei to Start Demanding 5G Royalties From Apple, Samsung” – below is their description.

    Mar.16 — Huawei Technologies Co. is looking to create a lucrative new revenue source by charging mobile giants like Apple Inc. and Samsung Electronics Co. Ltd. a reasonable fee for access to its trove of wireless 5G patents. Bloomberg’s Edwin Chan reports on “Bloomberg Daybreak: Asia.”

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    In This Story: Apple Inc

    Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft, and Facebook.

    Well known products and services from the brand include the iPad tablet computer, AirPods wireless earbuds, iOS, iTunes, the Safari web browser, Apple Music, iCloud and Apple Pay.

    Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Apple went public in 1980. In August 2018, Apple became the first publicly traded U.S. company to be valued at over $1 trillion and just two years later in August 2020 became the first $2 trillion U.S. company.

    The company employs 137,000 full-time employees and maintains 510 retail stores in 25 countries as of 2020.

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