Qualcomm and MediaTek enter into a patent agreement

Qualcomm and MediaTek have announced that they have entered into a broad patent arrangement under each company's patent portfolios, including CDMA and WCDMA essential patents, with respect to all integrated circuit products, including CDMA and WCDMA products.

MediaTek's customers do not receive rights to any of Qualcomm's patents and such customers will need to obtain a separate license from Qualcomm in order to receive rights to any of Qualcomm's patents. Qualcomm's customers do not receive rights to any of MediaTek's patents and such customers will need to obtain a separate license from MediaTek in order to receive rights to any of MediaTek's patents. The remainder of the terms of the arrangement are confidential.