Qualcomm has signed MoUs with four Chinese mobile vendors - a deal worth around $2 billion over three years – who have expressed interest in Qualcomm’s RF Front End (RFFE) components, designed to enable original equipment manufacturers (OEMs) to rapidly build mobile devices at scale for easy global expansion.

Read more: Qualcomm signs $2bn deals with Chinese mobile vendors

Qualcomm released a statement on January 24 confirming it will appeal a massive fine imposed by the European Commission for alleged market dominance abuse. Earlier that day, the European Commission said in a statement it had decided to fine Qualcomm €997 million ($1.2 billion) for payments it made to Apple in order to secure its leading market position for LTE baseband chipsets.

Read more: Qualcomm to appeal $1.2bn fine by European Commission

The 3GPP TSG RAN Plenary Meeting in Lisbon successfully completed the first implementable 5G NR specification on December 21. Global telecom players, including operators, vendors, and manufacturers, made a statement that the completion of the first 5G New Radio (5G NR) standard has set the stage for the global mobile industry to start full-scale development of 5G NR for large-scale trials and commercial deployments as early as in 2019.

Read more: The first 5G New Radio 3GPP standard is complete

In a letter to stockholders ahead of its 2018 Annual Meeting of Stockholders to be held on March 6, Qualcomm highlighted details of a $1 billion strategy which aims to generate “significant value” for investors in the near term, in the wake of Broadcom making moves to acquire Qualcomm, which the company has labeled “opportunistic” and “aggressive”.

Read more: Qualcomm touts $1bn cost reduction strategy to fend off Broadcom

Finnish telecommunications colossus Nokia has announced that it has sealed a major deal to supply 5G base stations to Japan’s largest mobile operator NTT Docomo. The agreement represents the vendor’s first large-scale 5G contract since the first formal 5G New Radio (NR) standard was established and subsequently approved in last month.

Read more: Nokia seals deal to supply 5G base stations to Japanese mobile operator

Ericsson released a statement on January 16 noting that it will book SEK 14.2 billion (US$ 1.77 billion) in write-downs in its Q4 2017 financial results. The write-downs, Ericsson said, are related to the company’s Digital Services and Other divisions, in addition to an SEK 1 billion charge related to tax changes in the United States.

Read more: Ericsson’s financial situation deepens with $1.8bn write-down

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