Qualcomm Signs New Patent Agreement With Lenovo
19 Febbraio 2016 - 12:20AM
Dow Jones News
Qualcomm Inc. said it reached a new patent-licensing deal with
Lenovo Group Ltd., the last remaining holdout among China's five
largest smartphone makers.
The companies didn't disclose financial terms of the deal. But
they said Lenovo will pay unspecified royalties to Qualcomm for
sales in China of handsets based on both 3G and 4G cellular
technology, under terms that conform with those of an antitrust
settlement reached in China last year.
Qualcomm said it had signed more than 80 new patent license
agreements in China.
The San Diego-based company, the biggest maker of processors and
modem chips for smartphones, earns more than half its profits from
licensing patents on cellular technology based on a percentage of
the wholesale price of mobile phones.
The end of China's antitrust investigation in February 2015
touched off a new round of licensing negotiations there. Qualcomm
agreed to pay a $975 million fine and accept certain changes to its
licensing terms affecting sales in the country.
The process of reaching licenses under those terms took longer
than the company initially had expected, causing Qualcomm in
November to lower a quarterly financial forecast. The company
eventually announced deals with the Chinese companies Xiaomi Corp.,
Huawei Technologies Co., TCL Communication Technology Holdings Ltd
and ZTE Corp.
Lenovo is in somewhat different category because of its global
reach. The company, after entering the smartphone business on its
own, in 2014 announced a $2.91 billion deal to buy the well-known
Motorola Mobility handset business from Google Inc.
The Chinese company has long held a global patent license with
Qualcomm. The new pact covers China sales of devices marketed both
under the Lenovo and Motorola brands, the companies said.
Write to Don Clark at don.clark@wsj.com
(END) Dow Jones Newswires
February 18, 2016 18:05 ET (23:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Grafico Azioni Motorola Solutions (NYSE:MSI)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Motorola Solutions (NYSE:MSI)
Storico
Da Lug 2023 a Lug 2024