RE:Facebook Money+Patent Sales
blackberry wrote: The 90 patents sold to Huwei were very valuable.
Did a little digging. Patents purchased by Huawei covered key smartphone technology. Here's where my math and extrapolation skills may be suspect. Global revenue for smartphones in 2020 was $409.1 bn, from an article I read online. Another site said that in the last Q of 2020, Huawei's share of that market dropped from 14% to 8% and if one extrapolates that over 12 months then that would translate to an annual revenue loss for Huawei to the tune of $25bn which I calculated using 14% = $57.26bn minus 8% or $32.7 bn. So if the BB patents are needed by Huawei to recover their share then $25bn is a significant number . BB smartphone tech may be a highly prized acquisition for Huawei. Perhaps worth some large grrrr. I'm sure BB and Chen wouldn't just give it up for peanuts.....sagain just IMO.