Signed pact means that LG’s phones will be powered by Snapdragon chips for another five years

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Chipmaker Qualcomm really doesn’t get along with too many phone manufacturers. After all, as detailed in the FTC v. Qualcomm lawsuit that was decided against the company, Qualcomm has a number of sales practices that are considered anti-competitive. These include its “No license, no chips” policy, royalties computed by using the retail price of a phone, and its refusal to license standard-essential patents to competitors at a Fair, Reasonable and Non-Discriminatory (FRAND) rate. The latter are patents that manufacturers need to license so that their products can meet certain technical standards.
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