BlackBerry sold 90 key smartphone technology patents to Huawei

According to previous news, BlackBerry was once very brilliant. Its classic full keyboard was talked about by many users, but they have already released the phone circle.

After experiencing a market loss, BlackBerry withdrew from the mobile phone business in 2016 and shifted its focus to the fields of enterprise, Internet of Things, and security software.

Its mobile phone brand was initially licensed to TCL Communications that was subsequently taken over by the startup OnwardMobility.

According to a report, BlackBerry sold 90 key smartphone technology patents to Huawei, which was confirmed by Steve Rai, CFO of BlackBerry, at the JPMorgan Chase online investor conference yesterday.

As per the other news report, the ownership of these patents was transferred to Huawei on December 23. When talking about this transaction, Steve Rai pointed out that this “is just a small part of the patent that is no longer relevant to the business.

Therefore, this is a small transaction and not part of our regular transaction. Of course, this transaction is As permitted by applicable rules”.

As for the specific content of the transaction patent, we do not know, of course, there is also the transaction amount.

Since BlackBerry launched its BlackBerry Technology Solutions (BTS) business unit in 2014, the company has been doing its best to authorize or sell its 38,000 patents, including patents from QNX, Certicom, Paratek, etc.

(Source)