Qualcomm has signed a new 3G and 4G patent license agreement with two of China's largest smartphone makers, OPPO and VIVO.
Under the terms of the agreement, the chipmaker giant has granted both the companies 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 terminals.
In Q2, OPPO was the fourth largest global supplier of handsets shipping 22.6 million units for a 6.6% share compared to 2.8% in Q2 2015. During the same period, VIVO was the fifth largest global supplier shipping 16.4 million smartphones in Q2 for a market share of 4.8% up from 2.7% in Q2 2015.
Adler Feng, Director of Intellectual Property, OPPO Chairman and CEO, Alfa
This license agreement will allow us to have access to the most advanced technologies in the mobile industry and enable us to craft elegant devices with extraordinary experience for the consumers.
Alex Rogers, Senior Vice President & General Manager, Qualcomm Technology Licensing
As an R&D engine for the industry, we are excited to see companies such as OPPO build on our patented technologies to drive further development and innovation and create compelling products.
