Industry News

Qualcomm Signed Patent License Deal with Vivo for China

New Delhi: Qualcomm, Inc. signed strategic patent license deal with Vivo, a China based smartphone maker company responsible for the development, manufacturing and sale of 3G CDMA, CDMA2000 and 4G LTE devices. However, the patent license agreement binding to Vivo is for use in China only.

Under the royalty bearing patent license agreement terms, Vivo would develop, manufacture and sell 3G CDMA, CDMA2000 and 4G LTE devices, which includes “3-mode” GSM, TD-SCDMA and LTE-TDD devices for use in China.

TechSci Research depicts that increasing number of handheld devices such as smartphones, tablet, etc. along with growth in demand for 4G LTE devices with improvement in telecom network infrastructure and growing data traffic over mobile devices has propelled need for new innovations and capabilities in handheld devices.

According to the recent report published by TechSci Research, “Global LTE Consumer Devices Market Forecast and Opportunities, 2020”, global market for LTE consumer devices projected to grow at a CAGR of more than 26% during 2015 - 2020. Global LTE consumer devices market is witnessing rapid strides on account of rising smartphone penetration rates, improving telecom infrastructure and easing policy framework in emerging economies. Rising adoption of LTE technology in emerging economies, increasing number of new LTE enabled registered devices, such as cameras and other wearable devices, mounting Machine-to-Machine connections, Internet of Things (IoT) and declining global average selling prices of LTE devices is projected to propel growth in global LTE consumer devices market through 2020. 

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