Qualcomm Signs 3G/4G Patent License Agreement with Smartron

SAN DIEGO, April 23, 2017 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) and Smartron India Private Limited, today announced they have entered into a 3G and 4G patent license agreement. Under the terms of this agreement, Qualcomm has granted Smartron a royalty-bearing patent license to develop, manufacture and sell WCDMA, CDMA2000, and 4G LTE complete devices. With this agreement, Smartron joins the growing list of key Indian OEMs to have direct access to Qualcomm's technology.

Qualcomm and Smartron will also strategically collaborate on early technology access and advancements in RF, camera testing and tuning and other critical calibrations required for smart devices. This enables Smartron to be in the top of the technology curve, thereby offering cutting-edge experiences to its end users.  It also enhances Smartron's core competency and vision of developing innovative and world-class products across different markets.

"We are pleased to enable Smartron to create compelling products with our industry leading mobile technologies," said John Han, senior vice president, Qualcomm Incorporated and general manager, Qualcomm Technology Licensing. "It is exciting to see inventions created by our dedicated R&D investment transform people's lives through mobile devices created by OEMs like Smartron."

"Qualcomm is passionate about innovation and is committed to help enable Prime Minister Modi's Make in India vision and lay the foundation for a Digital India. We are thrilled to enable Smartron in its mission to create technologies that advance the mobile industry," said Jim Cathey, senior vice president & president, Asia Pacific & India, Qualcomm International, Inc.

"We are excited to collaborate with a global technology leader like Qualcomm to bring new and powerful products that delight our customers. As India's first premier technology OEM and IoT brand, we are committed to developing next generation of smart devices based on our tronX platform to deliver intelligent experiences to our customers," said Mahesh Lingareddy, Founder and Chairman, Smartron India Pvt Ltd.

About Qualcomm

Qualcomm's technologies powered the smartphone revolution and connected billions of people. We pioneered 3G and 4G – and now we are leading the way to 5G and a new era of intelligent, connected devices. Our products are revolutionizing industries, including automotive, computing, IoT, healthcare and data center, and are allowing millions of devices to connect with each other in ways never before imagined. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio.  Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, our QCT semiconductor business. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

About Smartron

Smartron was founded in August 2014 with a vision to build India's first global technology OEM and IoT brand that is 'designed and engineered' in India for India and the world. Smartron developed and introduced tronx^TM, an AI powered IoT engine offering next generation of smart devices and delivering intelligent and seamless experiences to customers across IoT verticals. Smartron's high-end tbook, tphone and ttab products give the users easy access to the tstore, tcloud (unlimited storage) and tcare as part of tronX experience. Sachin Tendulkar the Brand Ambassador and Strategic Shareholder of Smartron had formally launched these devices in the second quarter of 2016.  Smartron is preparing to launch range of products and services this year. For more information, visit www.smartron.com

Qualcomm Contacts:
Pete Lancia, Corporate Communications
Phone:  1-858-845-5959
Email: [email protected]

John Sinnott, Investor Relations
Phone: 1-858-658-4813
Email: [email protected]

Smartron Contact:
Peter Jacob
Phone: +917893001974
Email: [email protected]

SOURCE Qualcomm Incorporated

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