Qualcomm inks 3G/4G Chinese patent license agreement with Hisense

Chip-maker Qualcomm said that it has inked 3G/4G Chinese patent license agreement with Hisense.

Under the agreement, Qualcomm has granted Hisense a royalty-bearing patent license to develop, manufacture and sell 3G WCDMA and CDMA2000.

The chip-maker said that royalties payable by Hisense are consistent with terms of rectification plan submitted by Co to China’s national development and reform commission.