Qualcomm and Lenovo Sign 3G/4G China Patent License Agreement

SAN DIEGO and HONG KONG, Feb. 18, 2016 — (PRNewswire) —  Qualcomm Incorporated (NASDAQ: QCOM) and Lenovo (HKSE: 992) (ADR: LNVGY), a global leader in innovative consumer, commercial, and enterprise technology, today announced that they have entered into a new 3G and 4G patent license agreement for China, which covers devices marketed by both Motorola and Lenovo. Under the terms of the agreement, Qualcomm has granted Lenovo 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 devices. The royalties payable by Lenovo are consistent with the terms of the rectification plan submitted by Qualcomm to China's National Development and Reform Commission.

"As a leading global provider of mobile devices, Lenovo is pleased to have concluded another license agreement with Qualcomm, which improves our IP position in China," said Scott Offer, general counsel of Lenovo. "This agreement also provides a solid foundation for Qualcomm and Lenovo to expand and strengthen the long-term relationship between our companies, both in China and around the world."

"Qualcomm is pleased to sign a new license agreement with Lenovo which builds on our long standing relationship," said Derek Aberle, president of Qualcomm Incorporated. "We look forward to expanding our collaboration with Lenovo as the company continues to bring exciting new Lenovo and Motorola devices to consumers around the world."

About Lenovo
Lenovo Group (HKSE: 992) (ADR: LNVGY) is a $46 billion global Fortune 500 company and a leader in providing innovative consumer, commercial and enterprise technology. Our portfolio of high-quality, secure products and services covers PCs (including the legendary Think and multimode Yoga brands), workstations, servers, storage, smart TVs and a family of mobile products like smartphones (including the Motorola brand), tablets and apps. Join us on  LinkedIn, follow us on  Facebook or Twitter ( @Lenovo) or visit us at  www.lenovo.com.

About Qualcomm 
Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 30 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

Qualcomm Contacts:
Pete Lancia, Corporate Communications
Phone:  1-858-845-5959
Email: Email Contact

Warren Kneeshaw, Investor Relations
Phone:  1-858-658-4813
Email: Email Contact  

LENOVO Contacts:
Hong Kong
Angela Lee
+852-2516-4810                               
Email Contact  

United States
Brion Tingler
+1-917-528-1992
Email Contact  

 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/qualcomm-and-lenovo-sign-3g4g-china-patent-license-agreement-300222679.html

SOURCE Qualcomm Incorporated; Lenovo

Contact:
Qualcomm Incorporated
Lenovo
Web: http://www.lenovo.com




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