U.S. mobile technology company Qualcomm reached a new 3G/4G patent licensing agreement with Shenzhen Gionee Communication Equipment Co. Ltd.
According to the agreement, Qualcomm will authorize its paid patent licenses to Gionee's WCDMA, CDMA2000, and LTE devices developed, made, and sold in China. In return, Gionee will pay the licensing fee that is line with the terms of corrective measures submitted by Qualcomm to the National Development and Reform Commission of China. Specific figured related to the deal were not released.
Liu Lirong, chairman of Gionee Group, said that Gionee defines itself as a global mobile and Internet technologies provider and it strives to help consumers live a better life. With this licensing agreement, Gionee will be able to gain Qualcomm's latest technologies, which allows the company to continue to design innovative and powerful devices for all consumers.
Alex Rogers, Qualcomm's executive vice president and president for technology licensing business, said that Qualcomm's standard technologies are supporting various companies in the mobile ecosystem to create new products and services, while changing people's life. They are glad to see that those technologies can help Gionee enhance their product portfolio and achieve a strong growth in the Chinese and global markets.