Qualcomm touts deal with Chinese giants to really consider using $12bn of its chips

Non-binding 'memorandum of understanding' inked with four smartphone builders


Qualcomm says it has struck a deal, of sorts, with four major smartphone vendors in China that could possibly be worth $12bn.

Emphasis on the "possibly".

The chip designer says the non-binding 'memorandum of understanding' agreements will bring Xiaomi, Guangdong OPPO, and Vivo Communications to the table in an attempt to hammer out licensing deals to use Qualcomm chips in its mobile phone designs.

The announcement was made as part of President Trump's visit to China, where Qualcomm CEO Steve Mollenkopf attended as part of the White House trade delegation tagging along for the trip.

"I’m honored to represent Qualcomm as part of this important trade delegation, which showcases the importance of win-win business relationships between the US and China,” Mollenkopf said of the memo.

"Qualcomm has longstanding relationships with Xiaomi, OPPO and vivo and we are continuing our commitment to investing and helping advance China’s mobile and semiconductor industries."

The deal would potentially be a boon for Qualcomm in a country where it has had trouble with both customers and government officials in the past. Qualcomm has struggled for years to extract the patent fees it believes Chinese electronics companies had owed for using its designs, though more recently it has touted progress in collecting some of what it feels it's due.

Qualcomm's dealings with China have also earned it some unwanted attention from the US Securities and Exchange Comission over allegations of corruption.

Elsewhere in Qualcomm's affairs, a deal with T-Mobile USA will use the chip designer's hardware to power an expansion to its cellular network hardware that the firms say will manage gigabit speeds on current LTE networks.

The two companies say the rollout, covering 430 metro areas around the US, will help to provide a bridge between current LTE networks and the planned 5G network upgrades coming onstream. ®

Broader topics


Other stories you might like

  • Experts: AI should be recognized as inventors in patent law
    Plus: Police release deepfake of murdered teen in cold case, and more

    In-brief Governments around the world should pass intellectual property laws that grant rights to AI systems, two academics at the University of New South Wales in Australia argued.

    Alexandra George, and Toby Walsh, professors of law and AI, respectively, believe failing to recognize machines as inventors could have long-lasting impacts on economies and societies. 

    "If courts and governments decide that AI-made inventions cannot be patented, the implications could be huge," they wrote in a comment article published in Nature. "Funders and businesses would be less incentivized to pursue useful research using AI inventors when a return on their investment could be limited. Society could miss out on the development of worthwhile and life-saving inventions."

    Continue reading
  • Declassified and released: More secret files on US govt's emergency doomsday powers
    Nuke incoming? Quick break out the plans for rationing, censorship, property seizures, and more

    More papers describing the orders and messages the US President can issue in the event of apocalyptic crises, such as a devastating nuclear attack, have been declassified and released for all to see.

    These government files are part of a larger collection of records that discuss the nature, reach, and use of secret Presidential Emergency Action Documents: these are executive orders, announcements, and statements to Congress that are all ready to sign and send out as soon as a doomsday scenario occurs. PEADs are supposed to give America's commander-in-chief immediate extraordinary powers to overcome extraordinary events.

    PEADs have never been declassified or revealed before. They remain hush-hush, and their exact details are not publicly known.

    Continue reading
  • Stolen university credentials up for sale by Russian crooks, FBI warns
    Forget dark-web souks, thousands of these are already being traded on public bazaars

    Russian crooks are selling network credentials and virtual private network access for a "multitude" of US universities and colleges on criminal marketplaces, according to the FBI.

    According to a warning issued on Thursday, these stolen credentials sell for thousands of dollars on both dark web and public internet forums, and could lead to subsequent cyberattacks against individual employees or the schools themselves.

    "The exposure of usernames and passwords can lead to brute force credential stuffing computer network attacks, whereby attackers attempt logins across various internet sites or exploit them for subsequent cyber attacks as criminal actors take advantage of users recycling the same credentials across multiple accounts, internet sites, and services," the Feds' alert [PDF] said.

    Continue reading

Biting the hand that feeds IT © 1998–2022