We strike a new licensing deal with LG

FILE PHOTO: a Qualcomm sign is pictured at the Mobile World Congress (mobile world CONGRESS), Shanghai, China, 28th June, 2019 at the latest. REUTERS/Aly Song

(Reuters) – Qualcomm Inc said on Tuesday that it has entered into a new five-year license agreement with LG Electronics, Inc., to develop, manufacture, and sales of 3G, 4G and 5G devices.

LGE was observed in June, it was not in a position to the small differences We have and to renew, from the chip end user license agreement.

We have, in April and reached a surprise settlement that paved the way for the iphone to re-use the modem’s chips, but its shares have been hurt in July when Apple bought Intel Corp. (a) the modem business for about $1 billion.

Reporting Sayanti Chakraborty in Bengaluru; editing by Patrick Graham

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