HP Licenses WiFi Patents From Huawei Despite U.S. Blacklist
U.S.-based HP has entered into a multi-year global licensing agreement with Chinese telecom giant Huawei to access certain WiFi patents, despite the latter being blacklisted by the United States in 2019. The deal follows a patent dispute involving multiple companies and allows HP access to around 2,000 wireless network connectivity-related patents from Sisvel WiFi 6, of which Huawei is a founding member. The agreement includes reciprocal patent rights for both parties, according to Steven Geiszler, who represented Huawei in the negotiations. The move highlights growing adoption of Huawei's technology outside China and signals potential shifts in how U.S.-listed companies navigate geopolitical restrictions while leveraging global intellectual property resources.

Tickers: $HPQ
Topics: intellectual property technology partnerships U.S.-China trade relations