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BEIJING — U.S.-based personal computing and printing firm HP has signed a multi-year global agreement for licensing certain WiFi patents from Chinese telecoms giant Huawei, the companies announced Wednesday.
It's a sign of adoption of Huawei's technology outside China, despite the U.S. blacklisting the company in 2019, a move that restricted it from working with American suppliers such as Google.
The deal comes after a patent dispute involving HP, Huawei and other companies that resulted last fall in an agreement allowing the U.S. company to access a pool of 2,000 patents related to wireless network connectivity. Huawei was one of the founding members of the patent pool, called Sisvel WiFi 6.
The latest global cross-licensing agreement includes "valuable reciprocal patent rights from HP," Steven Geiszler, who represented Huawei in the negotiations, said in a statement. Texas-based Geiszler was a senior in-house intellectual property lawyer for Huawei for nearly a decade , until he set up his own firm in April with Huawei as his main client.
HP is scheduled to release earnings Thursday morning Beijing time. HP was spun-off as a separate firm in 2015 after Hewlett-Packard Company was split into two units.
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