Huawei chief legal officer Song Liuping said that being an innovative company, they own a leading patent portfolio for wireless technologies, which will create great value for the automotive industry. He further added that they are glad that their talent and innovation is known to the key players from the automotive industry; and they have faith that with this License consumers throughout the world will benefit. Huawei sales were down by by 16.5% in April but it was due to selling off its Honor brand, the company reported. Though the revenue was down, but the margins were up due to the ongoing efforts to improve quality of operations and management efficiency and thanks to a $600 million patent royalty, the company said. Irrespective of the kind of challenge we may face, the company will continue to maintain their business resilience for sustainability not just survival. Also Read: Huawei nova 8i Appears in An Official Looking Render 2021 will be another challenging year, but it will be also be the year that our future development strategy will take shape
