After being hit with a $1.2 billion fine for paying Apple to keep its LTE modems exclusive, Qualcomm announces a $2 billion deal with Chinese smartphone makers.
Lenovo, Xiaomi, Oppo, and Vivo have signed a deal with Qualcomm to buy $2 billion worth of components over the next three years. According to the US company, this is a non-binding agreement, which means either party can break off negotiations at any time.
The official statement doesn’t mention Qualcomm’s mobile processors, but RFFE components that are designed to enable OEMs to build more complex mobile devices at larger scales. …