The software giant Microsoft has signed a patent deal with ZTE which will cover all Android and Chrome devices, the Chinese telco manufactured, reports Financial Times. Interestingly, the deal comes just a day after Microsoft signed a deal with Hon Hai, although its being in believe that the patent deal with ZTE seems similar to that the one done with Hon Hai.
The company did not disclose the terms of its deal but it agreed on to pay a flat fee for each of Android and Chrome-based device which Foxconn-manufactures. Microsoft further added that deal with ZTE marks its first patent licensing deal with a Chinese firm and has estimated that the deal will bring in more from patent royalties paid by other smartphone owners that its own devices.
“Experience has taught us that respect for intellectual property rights is a two-way street and we have always been prepared to respect the rights of others just as we seek respect for our rights,” said Microsoft general counsel Horacio Gutierrez in a statement.”