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Chinese company Huawei and American company HP have signed a global, multi-year mutual patent licensing agreement, under which HP will gain access to Huawei's patents related to Wi-Fi technology. This collaboration is seen as a sign of Huawei's innovative capabilities and technological strength. By the end of 2025, Huawei had signed over 260 licensing agreements with major global companies. It is reported that Huawei licenses its Wi-Fi related patents to more than 1.2 billion electronic devices by the end of 2024 and generated approximately $630 million in revenue from these licenses in 2024.
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