Lenovo agrees to pay royalties Qualcomm

Stefan Mileschin · 22nd February 2016, 05:39

Lenovo has agreed to start paying Qualcomm royalties on its 3G and 4G phones in China, covering both their own creations and Motorola’s.

The fact it has not been doing so and might be even now paying at a reduced rate has caused problems for Qualcomm’s bottom line.

The announcement did not mention the amount per phone and other terms nor was there any mention of back pay or further deals in the future.

For those who came in late, Qualcomm was walloped by the Chinese government for asking too much cash for its chip designs and using the fact that it was the market leader to police its licences’ use.

Since then Qualcomm has been setting relations straight with a number of OEMs in China, including Xiaomi, Huawei, ZTE and TCL.

http://fudzilla.com/news/processors/...lties-qualcomm

22nd February 2016, 05:39	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,618	Lenovo agrees to pay royalties Qualcomm Lenovo has agreed to start paying Qualcomm royalties on its 3G and 4G phones in China, covering both their own creations and Motorola’s. The fact it has not been doing so and might be even now paying at a reduced rate has caused problems for Qualcomm’s bottom line. The announcement did not mention the amount per phone and other terms nor was there any mention of back pay or further deals in the future. For those who came in late, Qualcomm was walloped by the Chinese government for asking too much cash for its chip designs and using the fact that it was the market leader to police its licences’ use. Since then Qualcomm has been setting relations straight with a number of OEMs in China, including Xiaomi, Huawei, ZTE and TCL. http://fudzilla.com/news/processors/...lties-qualcomm

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