QCOM Feb 2016 60.000 call (QCOM160219C00060000)@0.19
signed a 3G and 4G Chinese patent license agreement with Beijing Tianyu Communication Equipment Co.
As part of the deal, Qualcomm granted Tianyu a royalty-bearing patent license to manufacture and sell 3G and 4G subscriber units for use in China, the company said in a statement on Tuesday.
Tianyu, a Beijing-based company, specializes in industrial design, structural design, software/hardware design and handset testing.