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.
Denver, San Francisco, Portland, Ore., all show year-over-year gain of 10.9
Gains have been uneven. Prices in Chicago and Washington, District of Columbia rose less than 2 percent. The 20-city index remains 11.5 percent below its peak in July 2006, with metro areas such as Cleveland, Detroit, Miami, Minneapolis and Tampa still significantly below their pre-recession highs.