Qualcomm announced on Saturday to have resolved all patent license disputes and made a new agreement with Chinese consumer electronics company Meizu Technology.
The agreement grants Meizu worldwide royalty-bearing patent license to develop, manufacture and sell CDMA2000, WCDMA and 4G LTE (including “3-mode” GSM, TD-SCDMA and LTE-TDD) complete devices.
The royalties payable by Meizu in China are consistent with the terms of the rectification plan submitted by Qualcomm to China’s National Development and Reform Commission (NDRC).
This agreement resolves all of the patent disputes between Qualcomm and Meizu in China, Germany, France, and the United States.
Both have agreed to take appropriate steps to terminate or withdraw the patent infringement litigation and respective invalidity proceedings or other related litigation.
“Meizu has offered exciting and innovative products for its fans in the last thirteen years,” said Mr. Bai Yongxiang, President Meizu.
“Today, we are focusing on our vision with better clarity, and striving to become the top designer brand for high tech products. For this goal, we are determined to remove all obstacles, focus on products and focus on the future,” he said.
Yongxiang said that it was a nice coincidence to push forward at this juncture with equal and fair negotiation with Qualcomm, which will add tremendous value to their stakeholders.
Alex Rogers, executive vice president and president, Qualcomm Technology Licensing said that the license agreement will help enhance Meizu’s product line and generate strong growth for the company, both in China and globally.
“Qualcomm’s standardized technologies are enabling companies to build new products and services across the wireless ecosystem and are transforming people’s lives,” he said.