Qualcomm and Haier sign 3G/4G patent agreement
Under the terms of the agreement, Qualcomm has granted Haier a royalty-bearing patent license to develop, manufacture and sell 3G WCDMA and CDMA2000 (including EV-DO) and 4G LTE (including "3-mode" GSM, TD-SCDMA and LTE-TDD) subscriber units for use in China. The royalties payable by Haier are consistent with the terms of the rectification plan submitted by Qualcomm to China’s National Development and Reform Commission.
Cao Teng, general manager of Qingdao Haier Telecom Co., Ltd., commented, "Haier values and respects Qualcomm’s intellectual property, which was created as a result of its extensive research and development efforts. The licensing agreement with Qualcomm supports our vision by helping us to deliver products embedded with leading 3G and 4G connectivity to provide the same convenient and personalized connected experience that consumers have come to expect from a smartphone."
Eric Reifschneider, senior vice president and general manager of Qualcomm Technology Licensing for Qualcomm Incorporated added, "Qualcomm is pleased to have helped Chinese companies for more than a decade to establish themselves among the top manufacturers in the mobile industry. Our agreement with Haier is an example of our ongoing commitment to support the growth of Chinese companies and the development of wireless networks, devices and applications."
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