Qualcomm and HMD Global signed the global patent-licensing agreement in respect of multi-mode devices 5G connection
Today, Qualcomm Incorporated (NASDAQ: QCOM) and HMD Global Oy announced the conclusion of direct a worldwide license agreement in respect of single and multi-mode devices manufactured and marketed Global HMD under the Nokia brand. In accordance with its terms, Qualcomm provides Global HMD patent license to develop, manufacture and sale of branded single — and multimode devices 3G, 4G and 5G communications.
«We promised to make phones that would eventually become only better. And we work closely with technological leaders worldwide, in order to restrain, — said General Director of HMD Global Seiche Florian (Florian Ceiche). — Working with Qualcomm, we are able to bring to market advanced technologies and to fulfill the promise to consumers».
«Qualcomm is pleased to enter into this license agreement in respect of a multi-mode 3G, 4G and 5G devices with a HMD Global — it has become a new landmark in our technological partnership, — said Alex Rogers, Executive Vice President of Qualcomm and President of its licensing division, Qualcomm Technology Licensing. Qualcomm leads the dissemination 5G, and we are proud to open the access to advanced technology 3G, 4G and 5G communication leading manufacturers such as Global HMD, and assist them in the creation of high quality products for users around the world.»