China's Huawei, US PC maker HP sign multi-year Wi-Fi patent deal
The deal gives HP access to Huawei patents and gives Huawei access to HP patents, though neither company disclosed financial terms. Huawei did not detail the scope of the patents it would receive from HP.
Huawei and PC manufacturer HP have signed a multi-year patent licensing agreement covering Wi-Fi technology. The deal allows both companies to access each other's patents, though financial terms were not disclosed. The agreement is a standard-essential patent license, not a new strategic partnership. Huawei remains an important holder of patents in global wireless standards even with U.S. restrictions. The agreement comes after Huawei sued HP at the European Patent Court over alleged unauthorized use of a Wi-Fi 6 patent.
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Also reported by 2 other outlets
- China’s Huawei, US PC maker HP sign multi-year Wi-Fi patent deal investing.com
- Huawei, HP sign multi-year Wi-Fi patent cross-licensing deal seekingalpha.com
