Skip to content

December 30, 2015

Qualcomm inks new patent licensing deals in China

by John_A

qualcomm_snapdragon_820

Qualcomm has today announced that it has signed a new patent licensing deal in China with smartphone manufacturers Beijing Tianyu Communication Equipment and Haier Group. This information comes after a year of tiresome court battles, which transpired as a result of the company being investigated by Chinese officials following an antitrust dispute in the region.

As part of the agreement, Qualcomm agreed to pay a $975 million settlement fee to the government for violating patent terms even though it firmly disagrees with the outcome of the investigation. The fine seems pretty steep until it’s compared to the $7.57 billion the firm raked in royalties from China alone last year.

Source: TechCrunch

Come comment on this article: Qualcomm inks new patent licensing deals in China

Advertisements
Read more from News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Note: HTML is allowed. Your email address will never be published.

Subscribe to comments

%d bloggers like this: