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