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.
"This is a standard-essential patent license covering Wi‑Fi technology - something used broadly across the industry and routine for companies whose products connect to Wi‑Fi. It is not new, does not represent a broader strategic or commercial relationship, partnership, or collaboration with Huawei," HP said.
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.
Facts Only
* HP signed a multi-year global agreement for licensing certain WiFi patents from Huawei.
* The agreement was announced on Wednesday.
* This is a sign of adoption of Huawei's technology outside of China.
* The U.S. blacklisted Huawei in 2019, restricting its work with American suppliers like Google.
* The licensed patents cover standard-essential Wi-Fi technology.
* HP stated the license does not represent a broader strategic or commercial relationship with Huawei.
* The deal follows a patent dispute involving HP, Huawei, and other companies.
* Huawei was a founding member of the Sisvel WiFi 6 patent pool.
* Steven Geiszler, who represented Huawei in negotiations, was an in-house IP lawyer for Huawei.
* HP is scheduled to release earnings on Thursday morning Beijing time.
Executive Summary
Full Take
Sentinel — Human
The text presents factual corporate news regarding a patent licensing deal, supported by specific references to prior legal disputes and named individuals, indicating a strong basis in verifiable reporting.
