Qualcomm Signs 3G/4G China Patent License Agreement with OPPO

SAN DIEGO, CA -- Qualcomm Incorporated and GuangDong OPPO Mobile Telecommunications Corp. Ltd. (OPPO) entered into a 3G and 4G patent license agreement for China. Under the terms of the agreement, Qualcomm has granted OPPO a royalty bearing patent license to develop, manufacture and sell 3G (WCDMA and CDMA2000) and 4G, including 3-mode (LTE-TDD, TD-SCDMA and GSM) complete terminals. The royalties payable by OPPO are consistent with the terms of the rectification plan submitted by Qualcomm to China's National Development and Reform Commission (NDRC).

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