Qualcomm, Tianyu sign 3G/4G Chinese patent license agreement

Qualcomm Incorporated (NASDAQ: QCOM) and Beijing Tianyu Communication Equipment Co., Ltd. (Tianyu) have entered into a new 3G and 4G Chinese patent license agreement, the companies said.

Under the terms of the agreement, Qualcomm has granted Tianyu a royalty-bearing patent license to manufacture and sell 3G WCDMA and CDMA2000 (including EV-DO), and 4G LTE (including “3-mode” GSM, TD-SCDMA and LTE-TDD) subscriber units for use in China.

The royalties payable by Tianyu are consistent with the terms of the rectification plan submitted by Qualcomm to China´s National Reform and Development Commission.

Founded in April 2002 in Beijing, China, K-Touch provides global users with mobile experiences in more than 50 countries and regions in Asia, Africa and Europe.

Qualcomm provices 3G, 4G and next-generation wireless technologies.