Qualcomm Technologies Inc. at framework of a technology summit in Beijing signed memorandums on understanding with Lenovo Group, Guangdong OPPO Mobile Telecommunications Corp., vivo Communication Technology and Xiaomi Communications.
What does it mean
Thus, mobile device manufacturers expressed interest in purchase of Qualcomm components the amount less than 2 billion dollars for three years.
It is not about processors, and about radio frequency components. They are designed to enable OEMs to create more sophisticated mobile devices in large scales.
However, the signed memorandums on mutual understanding have binding force, but can become the basis for further official transactions.
These agreements can return Qualcomm a faltering balance. Recall on days, the company received " under the breath " from The EU Antimonopoly Regulator, which fined her on $ 1.23 billion for the Apple conspiracy purchases of chips.