Qualcomm Signs Chinese Mobile Phone Firm

San Diego-based Qualcomm announced Monday that it has signed on Chinese mobile phone manufacturer Beijing Tianyu Communications Equipment Co., Ltd. According to Qualcomm, it is in a subscriber unit and modem card/module license agreement with Tianyu. Qualcomm has given Tianyu a worldwide patent license for its CDMA2000 and WCDMA technology. Financial terms of the royalty deal were not given.