Samsung and qualcomm close an agreement for the development of 5g
Table of contents:
- Samsung and Qualcomm close an agreement for the development of 5G
- New agreement between Qualcomm and Samsung
Little by little, the phone industry is preparing for 5G. For this reason, we begin to see how the companies in the sector begin to reach the first collaboration agreements. Now it is the turn of Samsung and Qualcomm. Both companies have just closed a new deal. Although they have rather renewed the agreement they had in force since 2009.
Samsung and Qualcomm close an agreement for the development of 5G
Both companies renew their cross-licensing agreement whereby they can use each other's patents. In addition, this new agreement includes a series of improvements and collaboration in various fields. It must also be said that this news comes at a time of great importance to Qualcomm.
New agreement between Qualcomm and Samsung
Qualcomm received a huge fine a few days ago from the European Union, accused of monopoly. In addition, in South Korea, the country of origin of Samsung, it has also been accused of unfair competition and trying to have a monopoly on the market. So this agreement comes as a way to calm the spirits in the country.
In addition, Qualcomm has commented that companies that want to renegotiate their chip distribution contracts have the possibility. So the company will sit down with others to possibly improve collaboration between them. One more step to show your good intentions.
But, the important thing is that this agreement between the two companies will focus on the development of 5G. So that the phones of the Korean brand are prepared to use this connectivity. So we will see how this agreement evolves between the two companies.
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