VNPT Technology and Qualcomm sign Patent License Agreement

PANO - VNPT Technology Company of the VNPT Group and US’s Qualcomm Corporation on February 22 signed a Patent License Agreement (PLA), which aims to diversify Vietnam’s technological products to serve the regional market as well as to help the country become a global producer.

The signing ceremony

According to the agreement, from February 22, the Vietnamese company is allowed to use thousands of Qualcomm’s patents for mobile phone communications technologies, such as Long Term Evolution (LTE) and Code Division Multiple Access (CDMA), to study and produce new technological products.

General Director of the VNPT Technology Tran Huu Quyen said that the reached agreement gave the company a chance to develop high quality products, such as smart phones, Wifi, 3G, 4G, LTE, and Internet of Things (IoT) products to help the company keep pace with the fourth industrial revolution.

At present, Vietnamese mobile network operators are building 4G mobile infrastructure in an effort to provide 4G coverage nationwide in 2017. The PLA is an important and timely agreement to boost the implementation of VNPT Technology’s strategy to develop its products and expand market.

At the signing ceremony, Qualcomm’s Vice President and President of Qualcomm Asia Pacific and India Jim Cathey committed himself to boost development of Vietnam’s wireless industry.

Translated by Tran Hoai