Qualcomm signed a Memorandum of understanding worth $ 2 billion, with Lenovo and Xiaomi, Vivo, Oppo and ZTE

qualcomm

Signed Qualcomm this week a Memorandum of understanding for sales with both Lenovo and Oppo, Vivo, ZTE and Watech and Xiaomi. I have expressed to the Chinese companies expressed interest in buying components worth two billion dollars in the next three years.

As the companies agreed to work together in the development of commercial devices that are compatible with the 5G by the year 2019.

The announcement was made at a special event held by Qualcomm in Beijing, an event where the disclosure of the agreement non-binding. News agency reported Reuters that the event witnessed the presence of senior executives at Qualcomm, including all of Cristiano Amon and Steven Mollenkopf, as well as a range of executives at Chinese companies mentioned above.

Source.

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9 Comments on “Qualcomm signed a Memorandum of understanding worth $ 2 billion, with Lenovo and Xiaomi, Vivo, Oppo and ZTE”

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