Huawei reports $560M in revenue from patent licensing deals in 2023, its first disclosure of such income, and spent 25% of its 2022 sales on R&D, or ~$22.5B (Bloomberg)



Bloomberg:

Huawei reports $560M in revenue from patent licensing deals in 2023, its first disclosure of such income, and spent 25% of its 2022 sales on R&D, or ~$22.5B  —  Huawei Technologies Co. made $560 million in revenue from its patent licensing deals last year, disclosing for the first time its annual income …



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