Will accelerate HMD Global's 4G & 5G commercialization plan for Nokia-branded devices
SAN DIEGO, May 13, 2019 /PRNewswire/ -- Qualcomm Incorporated (QCOM) and HMD Global Oy today announced that HMD Global has entered into a direct worldwide license arrangement with Qualcomm to cover branded single-mode and multimode devices manufactured and marketed by HMD Global under the Nokia brand. Under the terms of the agreements, Qualcomm has granted HMD Global royalty-bearing patent licenses to develop, manufacture and sell branded 3G, 4G and 5G single-mode and multimode complete devices.
The full release is available on the Qualcomm News Center website at (https://www.qualcomm.com/news/releases/2019/05/13/qualcomm-and-hmd-global-sign-5g-multimode-global-patent-license-agreements)
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