Qualcomm Signs $2 Billion Sales MOUs With Lenovo, Xiaomi, Vivo and Oppo

Qualcomm Signs $2 Billion Sales MOUs With Lenovo, Xiaomi, Vivo and Oppo

 Qualcomm Signs $2 Billion Sales MOUs With Lenovo, Xiaomi, Vivo and Oppo

Qualcomm has signed memorandums of understanding for sales worth at least $2 billion (roughly Rs.  12,700 crores) with LenovoGuangdong Oppo Mobile TelecommunicationsVivo Communication Technology, and Xiaomi Communications.
The Chinese firms expressed an interest in buying Qualcomm components with a total value of no less than $2 billion over three years, the US chip maker said on Thursday.
The non-binding agreement will be subject to further agreements and covers technology related to RF Front-End components, it said in a statement.
The companies unveiled the multi-year agreement at a Qualcomm-hosted event in Beijing, attended by the US firm's chairman and its chief executive.
© Thomson Reuters 2018
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SOURCE:https://gadgets.ndtv.com/mobiles/news/qualcomm-signs-2-billion-sales-mous-with-lenovo-xiaomi-vivo-and-oppo-1804479
Qualcomm Signs $2 Billion Sales MOUs With Lenovo, Xiaomi, Vivo and Oppo Qualcomm Signs $2 Billion Sales MOUs With Lenovo, Xiaomi, Vivo and Oppo Reviewed by Mohamed on January 25, 2018 Rating: 5

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