Qualcomm, HMD sign wireless device agreement

|About: QUALCOMM Incorporated (QCOM)|By:, SA News Editor

Qualcomm (NASDAQ:QCOM) and HMD Global enter into a direct worldwide license agreement with QCOM covering single-mode and multimode devices manufactured under the Nokia name.

Qualcomm grants HMD patent licenses to develop, manufacture, and sell branded 3G, 4G and 5G devices.

QCOM shares are down 1.6% pre-market to $84.45.

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