According to the parties, this shows cooperation between the two companies in intellectual property matters and recognizes Huawei’s innovative capabilities and technological strength, as well as HP’s position as one of the world’s leading manufacturers of computers and peripheral equipment.
This patent cross-licensing agreement reveals a new scenario: the Chinese company’s innovations are now being adopted by US companies.
As planned, the agreement includes granting HP licenses for certain Huawei patents related to Wi-Fi.
Huawei’s Chief Intellectual Property Officer Alan Fan stated that the agreement demonstrates independent innovation in cutting-edge fields of information and communication technologies.
Steven Geiszler, Huawei’s representative in the negotiations, highlighted that the agreement is another successful case of licensing the company’s patents, particularly in standardized Wi-Fi technologies.
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