Chinese tech giant Huawei warned a U.S. senator’s proposal to block the company from pursuing damages in patent courts would be a "catastrophe for global innovation."
According to the company’s chief legal officer Song Liping, disrupting Huawei’s access to U.S. patent courts would threaten the intellectual property system that supports technology development.
"If such a legislative proposal were to be passed, it would be a catastrophe for global innovation. It would have terrible consequences," the AP cited Song as saying. He added that it would "break the foundation of IP protection."
The proposal comes amid mounting U.S. action against Huawei. The company has been devastated by the Trump administration’s decision to impose restrictions on its access to American chips for smartphones and other components and technology.
The proposal by Sen. Marco Rubio, followed reports Huawei Technologies Ltd. is asking for $1 billion from American phone carrier Verizon for use of the Chinese company’s patents.