We are encouraged by our business development outlook, and we continue to deepen our level of cooperation with Chinese companies. Qualcomm is glad to be a “partner of China” during the economy’s transformation, promoting innovation together with our Chinese partners and driving the development of wireless technology in China and around the world. In the next three years we will continue to support the country’s goal of encouraging a global innovation network as outlined in the 13th Five Year Plan.
For over 20 years in China, Qualcomm has been a pioneer in sharing R&D achievements with our partners. And today, we are collaborating with China’sOEMs to make innovations in a vast majority of verticals, including the next generation of information and network technology for cloud computing, IoT, big data, smart device, and integrated circuits.