Qualcomm licenses Xiaomi for 3G, 4G
Xiaomi is thought to be one of the companies that was holding out against paying royalties while Qualcomm was under investigation by China’s National Reform and Development Commission (NRDC) during 2014.
In February 2015, after an investigation lasting over a year, Qualcomm paid a $975 million fine and provided a significant royalty rate cut (about one-third off the prior rate) for Chinese handset vendors (see China deal squeezes royalty cuts from Qualcomm).
Xiaomi has agreed to a royalty-bearing patent license allowing it to develop, manufacture and sell systems implementing GSM for 2G, WCMDA and CDMA2000 and TD-SCDMA 3G standards and the LTE-TDD 4G standard. The royalty scheme is consistent with terms agreed by Qualcomm with NRDC, Qualcomm said in a statement.
Xiaomi was founded in 2010 by serial entrepreneur Lei Jun, who serves the company as CEO. The company sold 61 million of its Mi brand handsets in 2014 and besides mainland China is active in Taiwan, Hong Kong, Singapore, Malaysia, Philippines, India, Indonesia and Brazil.
Related links and articles:
News articles:
Qualcomm licensing is illegal, claims South Korea
China deal squeezes royalty cuts from Qualcomm
Qualcomm’s sales practices are under scrutiny from EC
Samsung FinFET Exynos 8 has custom cores
Could Qualcomm be China’s next target?
Qualcomm to cut 15% of staff, could be broken up
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
