Qualcomm inks deals with Chinese companies
 

Worth $12 billion over next three years

Qualcomm has signed three non-binding memoranda of understanding (MoU) with three Chinese companies worth $12 billion over three years.

The deal was signed with Xiaomi, Guangdong Mobile Telecommunications and Vivo Communication for components with an aggregate value of no less than $12 billion over the next three years.

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