Qualcomm, Samsung Amend Long-Term Cross-License Agreement

Press release

Published February 1st, 2018 - 09:38 GMT

As part of the agreement, Samsung is withdrawing its interventions in Qualcomm's appeal of the KFTC decision.

Qualcomm Incorporated today announced that it has expanded its global patent cross-license agreement with Samsung covering mobile devices and infrastructure equipment. The amended agreement is consistent with Qualcomm’s global handset-level licensing practices. As part of the agreement, Samsung will be withdrawing its interventions in Qualcomm’s appeal of the KFTC decision in the Seoul High Court.

“Qualcomm has enjoyed a strong partnership with Samsung for many years, and we are pleased to further strengthen and extend our relationship through this amended cross-license agreement, alongside our continuing relationship as a key product supplier to Samsung,” said Steve Mollenkopf, Chief Executive Officer, Qualcomm Incorporated.

“We believe this amended agreement provides the foundation for a long-term, stable relationship with Samsung following the KFTC investigation,” said Alex Rogers, executive vice president and president, Qualcomm Technology Licensing. “With our portfolio of leading technology inventions, we are committed to driving growth for the global ecosystem and we look forward to an expanded business relationship with Samsung.”

Background Information

Qualcomm

That’s how often people around the world touch something made better by Qualcomm. It could be the smartphone in your pocket, the tablet on your coffee table, that wireless modem in your briefcase… it could even be that navigation system in your car or that action camera strapped to your chest.

Who is Qualcomm, and what do we do? We are engineers, scientists and business strategists. We are from many different countries and speak many different languages. We come from diverse cultures and have unique perspectives. Together, we focus on a single goal—invent mobile technology breakthroughs.

Company Profile

Samsung Electronics Levant

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions.