Qualcomm Technologies and Samsung Electronics have jointly agreed a multi-year relationship, which extends their longstanding partnership.
Under the agreement, both companies will continue to invest and adopt new technologies, including mobile devices and the transition to 5G.
Cristiano Amon, president, Qualcomm Incorporated, said: "The announcement today underscores the importance of our longstanding strategic relationship with Samsung in driving core mobile technology into many different segments. 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."
TM Roh, executive vice president and the head of mobile R&D, Samsung Electronics, added: "We value our strategic relationship with Qualcomm Technologies. And look forward to working together to deliver leading technologies in the years ahead."