Strengthen long term partnership
ZTE has signed a new worldwide 3G and 4G licensing agreement with Qualcomm that means ZTE will be able to sell 3G and 4G products in China under license from Qualcomm. The deal includes terms that are consistent with the rectification measures that Qualcomm submitted to China’s National Development and Reform Commission (NDRC) in February, 2015.
Under the terms of the agreement, 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.
“ZTE is glad to have concluded a new agreement with Qualcomm,” said Guo Xiaoming, general counsel at ZTE. “This agreement provides a solid foundation for Qualcomm and ZTE to expand and strengthen the long term relationship between the companies in the future.”
Added Eric Reifschneider, senior VP and general manager at Qualcomm Technology Licensing: “Qualcomm is pleased to have again 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. 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.”
