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Qualcomm signs $2B agreement with Lenovo, Xiaomi, vivo, Oppo, and ZTE for components and 5G devices

Qualcomm has signed memorandums of understanding for sales with Lenovo, Oppo, vivo, ZTE, Watech and Xiaomi. The Chinese companies expressed interest in purchasing $2 billion worth of components in the next three years. The companies also agreed to work together in developing 5G-compliant commercial devices by 2019.
 
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