ZTE has signed a new worldwide 3G/4G license agreement with Qualcomm. Under the deal, Qualcomm has granted ZTE royalty-bearing patent licenses to develop, manufacture, and sell 3G and 4G products, such as smartphones, modules, and infrastructure equipment, including 3-mode (LTE-TDD, TD-SCDMA and GSM) smartphones sold for use in China.
The license includes terms that are consistent with the rectification measures that Qualcomm submitted to China’s National Development and Reform Commission (NDRC) in February 2015.
“Qualcomm is pleased to again have reached an agreement with ZTE that reflects the established value of Qualcomm’s patent portfolio, supports future collaboration between Qualcomm and ZTE, and strengthens the relationship between the companies,” said Eric Reifschneider, Senior Vice President and General Manager of Qualcomm Technology Licensing. “This agreement with ZTE is another important step for our licensing business in China, and we look forward to continuing our progress in concluding agreements with Chinese device companies.”
http://www.qualcomm.com
