China's telecom giant Huawei on Thursday released a white paper on innovation and intellectual property and warned against the issue being politicized.
At the press conference at Huawei's headquarters in south China city Shenzhen, Song Liuping, the company’s chief legal officer, said in a statement that If politicians use IP as a political tool, “they will destroy confidence in the patent protection system”.
If some government selectively strip companies of their IP, it will break the foundation of global innovation,” he added.
Song’s statement is the company’s latest response to U.S. Senator Marco Rubio’s action on June 18 when he filed the amendment to a defense authorization bill that will prevent Huawei from seeking damages in U.S. patent courts.
According to the company, Huawei now has 11,152 patents granted in the U.S. Since 2015, the Chinese telecom giant has received 1.4 billion U.S. dollars in licensing revenue. Meanwhile, Huawei has also paid more than six billion U.S. dollars in IP royalties to other companies, with nearly 80 percent of that paid to American companies, according to the document.
