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Qualcomm and Lenovo Sign 3G/4G China Patent License Agreement - Qualcomm Incorporated and Lenovo announced that they have entered into a new 3G and 4G patent license agreement for China, which covers devices marketed by both Motorola and Lenovo [HKSE: 992] [ADR: LNVGY] - Lenovo.com / Qualcomm.com
Qualcomm and Lenovo Sign 3G/4G China Patent License Agreement

 

PRZOOM - /newswire/ - San Diego, CA, United States, 2016/02/18 - Qualcomm Incorporated and Lenovo announced that they have entered into a new 3G and 4G patent license agreement for China, which covers devices marketed by both Motorola and Lenovo [HKSE: 992] [ADR: LNVGY] - Lenovo.com / Qualcomm.com. NASDAQ: QCOM

   
 
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Qualcomm Incorporated and Lenovo, a global leader in innovative consumer, commercial, and enterprise technology, today announced that they have entered into a new 3G and 4G patent license agreement for China, which covers devices marketed by both Motorola and Lenovo. Under the terms of the agreement, Qualcomm has granted Lenovo a royalty-bearing patent license to develop, manufacture and sell 3G (WCDMA and CDMA2000) and 4G, including 3-mode (LTE-TDD, TD-SCDMA and GSM), complete devices. The royalties payable by Lenovo are consistent with the terms of the rectification plan submitted by Qualcomm to China’s National Development and Reform Commission.

“As a leading global provider of mobile devices, Lenovo is pleased to have concluded another license agreement with Qualcomm, which improves our IP position in China,” said Scott Offer, general counsel of Lenovo. “This agreement also provides a solid foundation for Qualcomm and Lenovo to expand and strengthen the long-term relationship between our companies, both in China and around the world.”

“Qualcomm is pleased to sign a new license agreement with Lenovo which builds on our long standing relationship,” said Derek Aberle, president of Qualcomm Incorporated. “We look forward to expanding our collaboration with Lenovo as the company continues to bring exciting new Lenovo and Motorola devices to consumers around the world.”

About Lenovo

Lenovo Group (lenovo.com) is a $46 billion global Fortune 500 company and a leader in providing innovative consumer, commercial and enterprise technology. Our portfolio of high-quality, secure products and services covers PCs (including the legendary Think and multimode Yoga brands), workstations, servers, storage, smart TVs and a family of mobile products like smartphones (including the Motorola brand), tablets and apps.

About Qualcomm

Qualcomm Incorporated (qualcomm.com) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm’s licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm’s engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 30 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other.

Contacts:
Warren Kneeshaw
P: +1 858-658-4813 - E: ir[.]qualcomm.com.

Angela Lee - LENOVO Hong Kong
P: +852 2516 4810 - E: angelalee[.]lenovo.com.

Brion Tingler - LENOVO United States
P: +1 917-528-1992 - E: btingler[.]lenovo.com.

 
 
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Agency / Source: QUALCOMM, Inc.

 
 

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Qualcomm and Lenovo Sign 3G/4G China Patent License Agreement

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Qualcomm Incorporated | Lenovo Group
Contact: Pete Lancia - Qualcomm.com 
858-845-5959 corpcomm[.]qualcomm.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any QUALCOMM, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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