China’s Lenovo, in ‘full attack mode’, teams up with Qualcomm on 3G and 4G patent licenses
Move seen as crucial to revitalise Lenovo’s ailing smartphone sales
Chinese technology giant Lenovo Group’s plan to energise its flagging smartphone business took a big step forward as the company entered into a new 3G and 4G patent license deal with US mobile chip giant Qualcomm.
Qualcomm granted Lenovo, the world’s largest supplier of personal computers, a “royalty-bearing” patent license to develop, manufacture and sell 3G and 4G devices.
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Scott Offer, general counsel at Lenovo, said in a statement that the Qualcomm deal improved the Chinese company’s intellectual property (IP) position in its home market, where competition is intense against other domestic smartphone suppliers.
“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,” Offer said.
Xiaomi, China’s high-flying consumer technology start-up, had earlier landed its own 3G and 4G license deal with Qualcomm in December.