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Qualcomm and Samsung extend licensing partnership until 2030!

Qualcomm Incorporated and Samsung Electronics have expanded their joint venture and patent licensing agreement until 2030.
Qualcomm and Samsung extend licensing partnership until 2030!
Qualcomm and Samsung continue collaboration

To provide a cutting-edge user experience?

During the opening of Qualcomm's second-quarter conference call, Cristiano Amon, President, and CEO of Qualcomm revealed the renewed agreement with Samsung Electronics. Both companies have agreed to a 7-year extension of the patent licensing agreement until 2030 for 3G, 4G, 5G, and eventual 6G mobile technologies. 

The president also claimed that the agreement 'validates' the Qualcomm Snapdragon platform for high-end Android Experiences. He also added that Samsung is the top smartphone manufacturer by volume. The Qualcomm chip partnership extends to PCs, tablets, and other devices.

The extension of our licensing agreement is further evidence of our mutual commitment to long-term collaboration. Our relationship with Samsung has never been stronger. For more than two decades we’ve worked together to lead the industry and we are pleased to continue this strategic partnership to develop innovative technologies and products using Snapdragon platforms to power more Samsung premium devices globally. - Cristiano Amon, President and CEO of Qualcomm Incorporated.

Samsung is expected to use the latest Snapdragon chipsets for its next generation of Galaxy S series smartphones. This is a direct result of the long-term collaboration between Qualcomm and Samsung.

Qualcomm's innovative technology has played a pivotal role for advancement of mobile industry. The collaboration between Samsung and Qualcomm spans many years and these agreements reflect our close and long-standing strategic partnership. We are committed to working with Qualcomm to advance the mobile industry and users’ experiences for future Samsung Galaxy devices. - Dr. TM Roh, President and Head of MX Business of Samsung Electronics

What do you guys think?

Source: Qualcomm, Via: FoneArena

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