Huawei’s Q1 patent licensing income overtakes Nokia and Ericsson

According to the Q1 earnings results announced by Huawei in late April, its patent royalty figures, which has not previously reported quarterly licensing revenues, has reached $600 million. It suggests that Huawei earned more from patents than either Nokia or Ericsson in the first three months of 2021. Ericsson’s patent licensing revenue in the quarter was reported to be $96 million.