Qualcomm Seals Another Patent Deal in China

Last quarter, Qualcomm (NASDAQ: QCOM) cited “new license agreements in China” as a key driver of its impressive 13% jump in revenue to $6.2 billion. And, based on its announcement Monday that it has sealed yet another patent licensing deal in China, the semiconductor and telecommunications equipment giant should have no trouble keeping its positive momentum going. The latest agreement is with China-based smartphone manufacturer Gionee Communication, which will be using utilize Qualcomm patents in the development of 3G and 4G LTE devices for its domestic market. …read more

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Category: QCOM

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