US initial jobless claims fell to 226,000 last week
Huawei has announced its royalty rates for Wi-Fi 7 devices, setting the fee at $0.50 per device. This licensing will be available through bilateral agreements or patent pools under FRAND (Fair, Reasonable, and Non-Discriminatory) terms. By the end of 2024, Huawei expects over 1.2 billion consumer electronics devices to be licensed under its Wi-Fi patents. AI
IMPACT Sets licensing precedent for new Wi-Fi standards, potentially impacting device costs and adoption.