Hardware behemoths, Qualcomm and Samsung have announced a multi-year strategic relationship agreement where both companies will work together to enhance their strengths in various technology areas, across a range of mobile devices.
Qualcomm Incorporated’s Qualcomm Technologies, Inc. subsidiary in particular will work with Samsung Electronics Co. Ltd. in a longstanding deal that will see the industry transition from 4G 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.”