LG Electronics is at risk of losing access to Qualcomm’s 5G modems (QCOM, AAPL)
|06/13/2019||Posted by BusinessMediaguide.Com under General World News||
- This is an excerpt from a story delivered exclusively to Business Insider Intelligence Connectivity & Tech subscribers.
- To receive the full story plus other insights each morning, click here.
LG Electronics is facing a potentially dire situation as contract negotiations with Qualcomm, its 5G modems supplier, have stalled, reports Reuters. The interim licensing deal that the two companies entered last year is set to expire later this month.
Without a new deal, LG will likely have to completely halt sales of its newly introduced 5G device, the LG V50 ThinQ 5G, which leverages Qualcomm’s 5G modems. read more >>>