The Economic Daily News (16th) reports that Qualcomm Incorporated (US.QCOM) today announced a long-term renewal of its global patent licensing agreement with Transsion Holdings (02636) (SSE: 688036), covering 4G and 5G mobile devices, extending through the end of 2031.
John Han, EVP and General Manager of Qualcomm Technology Licensing (QTL), said: "We are pleased to renew Transsion Holdings' 4G and 5G licenses ahead of schedule and to consolidate the existing 4G and 5G agreements into a single long-term agreement."
Transsion Holdings' A-shares are currently up 1.35%, trading at RMB 48.85; its H-shares, which debuted yesterday below the offering price and closed nearly 6% lower, are now up over 2%. (jq)
John Han, EVP and General Manager of Qualcomm Technology Licensing (QTL), said: "We are pleased to renew Transsion Holdings' 4G and 5G licenses ahead of schedule and to consolidate the existing 4G and 5G agreements into a single long-term agreement."
Transsion Holdings' A-shares are currently up 1.35%, trading at RMB 48.85; its H-shares, which debuted yesterday below the offering price and closed nearly 6% lower, are now up over 2%. (jq)
