Chinese telecom giant Huawei announced plans to be more aggressive about collecting royalties for its patents related to 5G technology, including collecting up to $2.50 per 5G smartphone sold. Huawei has over 3,000 patents related to 5G, about 18% of which are essential to the 5G standard, according to intellectual property research organization GreyB. Huawei is not alone in charging royalties for patents on 5G technology. Nokia and Ericsson each already charge more than $2.50 per smartphone sold. Huawei was previously more restrained about collecting on its 5G patents while it focused on selling its own 5G equipment and devices around the world. But since the actions of the US government have crippled Huawei's smartphone business worldwide, the company seems to be focusing on new revenue streams.
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