Qualcomm and Samsung announce expanded strategic relationship
Feb 1, 2018
Companies Plan to Work Together to Drive Leading Technologies Across Mobile Devices
Jan 31, 2018 | SAN DIEGO
Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc. (Qualcomm Technologies), and Samsung Electronics Co. Ltd. have announced a multi-year strategic relationship agreement between the two companies in various technology areas and across a range of mobile devices. This deal expands the companies’ longstanding relationship as technology and business partners this year and beyond, through the transition to 5G.
“The announcement today underscores the importance of our longstanding strategic relationship with Samsung in driving core mobile technology into many different segments,” said Cristiano Amon, president, Qualcomm Incorporated. “As Qualcomm continues to lead the world to 5G, the opportunities between our companies are growing and this agreement sets us both on a path for continued success.”
“We value our strategic relationship with Qualcomm Technologies,” said TM Roh, executive vice president and the head of mobile R&D, Samsung Electronics. “And look forward to working together to deliver leading technologies in the years ahead.”
Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.